No impact on bunker demand from Hong Kong Port strike

The recent 40-day strike at Hong Kong's Kwai Tsing container terminal had no impact on bunker demand, according to local bunker suppliers.

"I haven't seen the demand drop (in bunker fuel), only vessels got delayed," a Hong Kong based supplier said.

However vessels' bunkering schedules were said to have been impacted by the strike, which ended last Monday, and although container terminals remained operational, it was at lower rates resulting in delays to loading and discharging schedules.

Hong Kong is reported to sell about 500,000-600,000 metric tonnes (mt) of bunker fuel per month.

Read in full: http://shipandbunker.com/news/apac/808204-hong-kong-port-strike-had-no-impact-on-bunker-demand