0.5% sulphur fuel

Skuld Outlines IMO 2020 Sulphur Cap Trial

  • More than a year has passed since the International Maritime Organization (IMO) mandate for the 0.50% sulphur cap for marine fuel (MARPOL Annex VI) came into force.
  • The regulation orders ships to only use marine fuels with a sulphur content of no more than 0.50% sulphur.

According to an article published in Skuld, the IMO 2020 Sulphur Cap represents a successful transition.

Efforts on IMO Targets

Ships fitted with an approved type of exhaust gas cleaning system (EGCS) or scrubbers may continue...

https://mfame.guru/skuld-outlines-imo-2020-sulphur-cap-trial/

Lower Bunker Fuel Prices In China Draw Demand

Lower bunker fuel prices in China following tax changes last year are drawing demand away from the key regional bunkering hub of Singapore and other ports, says an article published in SPGlobal.

Singapore based traders on Chinese fuel price

“Prices are so low in China there is no reason not to go to China now,” a Singapore-based bunker trader said.

Zhoushan and Shanghai, Chimbusco and Sinopec Zhoushan are competing with each other fiercely to expand market share.

“A key factor that has depressed...

https://mfame.guru/lower-bunker-fuel-prices-in-china-draws-demand/

High & Low Sulphur Fuels Expected To See Quieter Demands This Week

Both high sulfur and low sulfur bunker fuel markets are expected to see quieter demand in the week leading up to the Lunar New Year holidays in Singapore, market participants said, although the cargo markets have seen slightly diverging fundamentals, says an article published in S&P Global.

Production Rates

Lower production and a drawdown in stocks has led to a growing Asian marine fuel 0.5%S crack spread, although most LSFO producers have indicated an unwillingness to raise production rates.

High...

https://mfame.guru/high-low-sulphur-fuels-expected-to-see-quieter-demands-this-week/

ICCT Seeks Scrubber Ban Amid Impeding Installation Rates

  • ICCT has reiterated its call for a ban on scrubbers publishing new estimates on emissions from marine fuels.
  • ICCT itself recommends that individual governments take unilateral action against scrubbers within their own waters.
  • The oil market has had far greater success in holding back scrubber installations this year.

Environmental group, the International Council on Clean Transportation (ICCT), has reiterated its call for a ban on scrubbers as it publishes new estimates on emissions from...

https://mfame.guru/icct-seeks-scrubber-ban-amid-impeding-installation-rates/

IMO To ‘Hone in On’ Fuel Compliance & Sampling Regulations

  • IMO to discuss MARPOL Annex VI changes on how PSC can draw fuel oil samples on board at the MEPC 75 meeting.
  • Authorities including Port State Control are given explicit authority to draw oil samples from the ship’s fuel oil tanks, based on the new regulations.

The International Maritime Organization (IMO) will be discussing changes to the MARPOL Annex VI regulations at the 75 session of the Marine Environment Protection Committee (MEPC 75) on 16 to 20 November 2020, reports BIMCO.

The...

https://mfame.guru/imo-to-hone-in-on-fuel-compliance-sampling-regulations/

Key Indicators In The Asian Residue Fuel Market

Medium sulfur fuel oil has become a viable option as a blending component in the high sulfur fuel oil pool, reports S&P Global Platts

This is amid the decline in the Singapore 10 ppm gasoil market, traders said, while bunker suppliers in North Asia remain cautious in the recovery of low sulfur bunker demand in the southern ports of the region, with bad weather impeding operations there.

Marine Fuel 0.5%Sulfur

– Morning discussions on the Singapore Marine Fuel 0.5% September-October timespread...

https://mfame.guru/key-indicators-in-the-asian-residue-fuel-market/

Marine Fuel Switch on the Rise Ahead of IMO 2020

According to an Argus Media report, demand for 0.5pc sulphur marine fuel oil is building up in most of the world’s largest ports, and the grade could account for 65pc of all marine fuel oil bought globally this month.

Grades in demand 

Singapore

In Singapore, the world’s largest bunkering hub, more than 43pc of delivered marine fuel deals so far in November have been for 0.5pc fuel oil, and 0.1pc sulphur marine gasoil (MGO) accounted for 21pc.

Demand for these two grades have been rising because...

http://mfame.guru/marine-fuel-switch-on-the-rise-ahead-of-imo-2020/

Likely Implications of the New IMO Standards on LNG

The global sulphur cap of 0.5% implemented by IMO could boost up the global intake of LNG as bunker fuel, reports World Oil.

LNG as growing source of energy

Demand for LNG as a conventional source of energy in the maritime industry will continue to grow because of its technological advantages in meeting the standards and requirements in limiting the emissions of sulphur, a greenhouse gas, reports World Oil.

According to marine fuel expert Sergey Ivanov, the global sulphur cap of 0.5%, which is...

http://mfame.guru/likely-implications-of-the-new-imo-standards-on-lng/

Indonesia Makes U-Turn, Will Enforce IMO 2020

According to an article published in Reuters, Indonesian officials have confirmed that Indonesian-flagged ships will comply with new low-sulfur fuel rules that start next year.

The clarification

Indonesia’s Ministry of Transportation confirmed on Tuesday that the country will implement and comply with new low-sulfur fuel rules that start next year.

It had earlier asked for more time to meet the requirement.

The clarification came during a meeting earlier this month between INTERTANKO and...

http://mfame.guru/indonesia-makes-u-turn-will-enforce-imo-2020/

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