gasoil

Total Renews VLSFO Commitment To Maintain Clients’ Customized Solutions

In a major development, Total has announced that they want to maintain ‘flexibility’ either sourcing directly from its refineries or blending heavy fuel oil and distillates to help its clients navigate the transition. Keeping this in mind, TOTAL’S marine fuels unit is gearing up for an expected six-month-long, low-sulphur transition starting from this October, says an article published in the Lloyd List.

LSFO Bunkering To Be Meaningful 

Total Marine Fuels Global Solutions global sales and...

http://mfame.guru/total-renews-vlsfo-commitment-to-maintain-clients-customized-solutions/

Cheap Gasoil Has an Edge Over Expensive VLSFO Ahead of 2020 Switch

According to a Reuters report, when new global rules limiting the amount of sulfur in shipping fuels were announced, marine gasoil (MGO), a type of diesel fuel used on ships, was declared the early winner since most types readily met the new 0.5% limit on sulfur content.

MGO Swing Not As Expected?

But with only about 100 days before the International Maritime Organization’s (IMO) rules start, analysts and traders agree that the scale of the MGO demand swing will not be as great as expected.

Instead...

http://mfame.guru/cheap-gasoil-has-an-edge-over-expensive-vlsfo-ahead-of-2020-switch/

HSFO Still in Business Even With Shippers Adopting Cleaner Fuels

Asia’s spot premium for 380-centistoke (cst) high-sulfur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner marine fuels next year to meet new, tougher rules on emissions from ships, reports Reuters. 

HSFO still in business

But as the deadline approaches, analysts and traders agree that demand for the dirtier HSFO will not die out completely as an increasing number of ships get equipped with sulfur-cleaning devices in the coming years to combat...

http://mfame.guru/hsfo-still-in-business-even-with-shippers-adopting-cleaner-fuels/

All Eyes on ‘The Big Four’ of Asia As Asian Refiners Prepare for IMO 2020

Ahead of the S&P Global Platts Asia Pacific Petroleum Conference (APPEC 2019), Insight presents a series of articles exploring aspects of the global trade in crude oil and refined products, says an article published on the website.

The article chronicles how the challenges and opportunities faced by the Asian refiners ahead of the International Maritime Organization’s switch to a lower sulfur fuel standard are being analyzed by Kang Wu and JY Lim of S&P Global Platts Analytics

Disposing HSFO...

http://mfame.guru/all-eyes-on-the-big-four-of-asia-as-asian-refiners-prepare-for-imo-2020/

IMO’s Bunker Oil Norms Influences Reliance GRM

  • Reliance Industries has reported a plunge in the June quarter refining margins, guided towards a stable scenario, implying the dependence on new bunker oil norms.
  • IMO to enforce a new 0.5 percent global sulphur cap on fuel content from January 2020, lowering from the present 3.5 percent cap.
  • Global fuel sulphur cap is part of the IMO’s response to heightening environmental concerns contributed by harmful emissions from ships and the new bunker oil rules have fuel sellers and shipping companies...

http://mfame.guru/imos-bunker-oil-norms-influences-reliance-grm/

IMO 2020 could hold silver lining for clean tanker market

Global clean tanker fleet size 2014-2019

The shipping industry faces a
hike in costs and operational headaches as a result of IMO 2020 regulations
that will cap the sulfur content of marine fuels. At the same time, new streams
of product demand will be created, potentially benefiting some shipowners.

The International Maritime
Organization’s agreed limit of 0.5% sulfur content for marine fuel will come
into effect next January 1 and its ramifications will span the shipping, bunkering,
petroleum products and petrochemicals markets.

While...

https://blogs.platts.com/2019/03/04/imo-2020-silver-lining-clean-tanker/

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