High Sulfur fuel oil

Key Market Indicators in Residual Fuel Oil Market

Rotterdam 0.5%S marine fuel FOB barges finished the week to be assessed at $462/mt on April 23, down from $472/mt in the previous week, reports Platts

Marine fuel 0.5%S

The premium for delivered 0.5%S marine fuel over barges at Rotterdam was relatively stable from the previous week at $12/mt on April 23.

Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp region fell 13% at 1.512 million mt in the week to April 22, following gains of 15% in the week prior and dropping to the lowest levels in two...

https://mfame.guru/key-market-indicators-in-residual-fuel-oil-market/

Effect of Bunker Prices Spike on Scrubber-Fitted VLCCs

  • Non-scrubber fitted tankers in the red on key routes
  • Widening HSFO discount to LSFO may revive scrubber market
  • Rising LSFO prices to push up demand for HSFO

The rising discounts which high sulfur fuel oil is enjoying over its low sulfur cousin has resulted in a clear two-tier market for VLCCs, where tankers with scrubbers are showing daily earnings, or else running into losses, market participants said Feb. 16, reports S&P Global Platts.

About Scrubbers

Scrubbers are exhaust gas systems, which...

https://mfame.guru/effect-of-bunker-prices-spike-on-scrubber-fitted-vlccs/

IMO2020 Grade Fuel Launched by Austrian Company

  • Vienna-listed oil and gas company OMV has developed a very low sulfur fuel oil (VLSFO) with 0.5% sulfur content.
  • VLSFO is in line with the marine fuel standard, ISO 8217:2017, and produced in collaboration with the world’s leading designer and manufacturer of low and medium-speed engines.
  • VLSFO will be produced in Schwechat and Petrobrazi refineries and will be made available to customers in the ports of Venice and Trieste in the northern Adriatic as well as the port of Constanta in Romania.

http://mfame.guru/imo2020-grade-fuel-launched-by-austrian-company/