Will Sulphur Cap Alter Bunker Fuel and Storage Sectors Dynamics?

IMO 2020 sulphur cap will boost the demand for more compliant fuel and will lead to different dynamics in the bunker fuel and tank storage sectors, says an article published in Safety4Sea.

Rotterdam bunker conference

During a conference in Rotterdam, René Loozen, Consultancy Director at Insights Global stated that the upcoming IMO 2020 sulphur cap will

  • boost the demand for more IMO 2020-compliant fuel and
  • will lead to different dynamics in the bunker fuel and tank storage sectors.

Specifically,...

http://mfame.guru/will-sulphur-cap-alter-bunker-fuel-and-storage-sectors-dynamics/

Additional Sulphur Limit Guidelines Issued by the IMO

As per a statement released on Monday by the International Maritime Organization, the global shipping regulatory body has issued additional guidance over the implementation of the lower 0.5% sulfur limit on bunker fuels that goes into effect from January 1, 2020, reports Platts.

​What is it?

According to a Port News article, the IMO Marine Environment Protection Committee (MEPC), meeting for its 74th session (13-17 May), approved various guidance and guidelines to support the implementation of...

http://mfame.guru/additional-sulphur-limit-guidelines-issued-by-the-imo/