Cargill To Ship Low Sulfur Cargo From SE Asia

Cargill Inc is reportedly in the process of shipping the first low-sulfur gas oil or diesel cargo from Southeast Asia to Europe. Reports say the company had chartered a tanker called the Young Lady, which is on its maiden clean products voyage, to lift a total of 680,000 barrels of gas oil from the Malacca II refinery in June. The Malaysian refinery is the only major refinery in Southeast Asia that can produce high-quality diesel that meets tight United States CARB and European EN590 specifications, traders said.