Base Oil

Container Shortage Hits Base Oil Shipments in Europe

  • Base oil loadings from European and Baltic Sea ports are being delayed.
  • Loadings are delayed by up to two weeks by a shortage of container availability.
  • The shortage is due to restrictions linked to the coronavirus pandemic.
  • Coronavirus safety measures and reduced operations are adding 1-3 days to loading.
  • MSC has sent two container ships to China to evacuate empty containers

According to an article published in Argus Media, authored by Catherine Caulfield and Erik Hoffmann, base oil loadings...

http://mfame.guru/container-shortage-hits-base-oil-shipments-in-europe/

IMO 2020 Impact: Viability Test of Group I Oil Plants in Europe

The global maritime industry is sailing towards a new sulphur regulation imposed by the International Maritime Organisation. (IMO).

The impact on base oils has been a topic of interest at the 23rd ICIS World Base Oils conference in London, with speakers at the conference presenting their viewpoints on the same, says a press release published on ICIS website.

Group I oil need to Prevail

Demand for Group I base oils from the marine industry will still remain despite the implementation of IMO 2020...

http://mfame.guru/imo-2020-impact-viability-test-of-group-i-oil-plants-in-europe/