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Taiwan's CPC resumes bunker operations at 4 ports as Typhoon Maria passes

Singapore — Taiwan's state-owned refiner CPC Corp. resumed bunker operations Wednesday morning at the ports of Keelung, Taichung, Suao and Hualien after Typhoon Maria weakened and moved northwards.

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Operations at the ports were suspended on Tuesday.

Typhoon Maria was moving in a west-northwesterly direction at 41 kph, with a maximum wind speed of 45 m/s and wind gusts of 55 m/s, the Central Weather Bureau said in its 0000 GMT update on its website.

Across the Taiwan Strait, ports located along the east coast of China, such as Shanghai, Ningbo-Zhoushan and Xiamen, have halted bunkering operations due to the typhoon, market sources said.

"It is a strong typhoon, the gale circle is over 400 km," a China-based supplier said.

At the Asian close Tuesday, 380 CST bunker fuel for delivery at Shanghai was assessed at $484/mt, up $3/mt from Monday.

--Teo Su Ling, su.ling.teo@spglobal.com

--Edited by E Shailaja Nair, shailaja.nair@spglobal.com