HOUSTON, Nov 20 (Reuters) – Shortages of low-sulfur fuel oil could appear at some ports in Africa, South America and Southeast Asia next year, but most major ports around the world will have adequate supplies, panelists at a shipping industry conference said on Wednesday. International Maritime...
low sulphur fuel switch
Euronav Picks Malaysia Port for Low Sulphur Fuel Hub
By Roslan Khasawneh KUALA LUMPUR, Nov 12 (Reuters) – Belgian tanker operator Euronav signed a service agreement on Tuesday making Malaysia’s Linggi Port its supply base providing low-sulphur marine fuels and other services for ships plying East-of-Suez routes, the port operator said. “Linggi has a...
Peninsula Plans to Double IMO-Compliant Fuel Sales by Year-End
LONDON, Nov 12 (Reuters) – Marine fuel supplier Peninsula Petroleum said on Tuesday it plans to double deliveries of very low-sulphur fuel oil (VLSFO) to 600,000 tonnes by the year-end, just before new shipping rules take effect globally to restrict sulphur emissions. “To date we have delivered...
Russia Considering Postponing Adoption of IMO 2020 Fuel Rules
By Evgenia Pismennaya, Dina Khrennikova and Jack Wittels (Bloomberg) –Russia, one of the largest producers of the world’s favorite ship fuel, may delay local adoption of more stringent rules targeting air pollution from commercial vessels. Ship owners and operators worldwide are preparing to switch...
Singapore Stockpiles Boatloads of 2020-Compliant Fuel
By Roslan Khasawneh SINGAPORE, Oct 3 (Reuters) – Singapore stockpiles of low sulphur marine fuels held in floating storage are swelling ahead of a 2020 global deadline for rules that are said to mark the shipping industry’s biggest fuel transition since it moved from burning coal to oil. The...
Governments Told to Ensure Compliance with IMO 2020
By Mike Wackett (The Loadstar) – The implementation of the IMO 2020 0.5% sulphur cap on shipping from 1 January next year is “a challenge and an opportunity” for member states, according to World Shipping Council president and chief executive John Butler. At the JOC Container Trade Europe...
Failure to Recoup Higher Low Sulphur Fuel Costs Could See Container Lines Blanking More Sailings
By Mike Wackett (The Loadstar) – With IMO 2020 0.5% sulphur cap on marine fuel just over 100 days from becoming law a leading shipping analyst has warned shippers that it is vital that ocean carriers succeed in obtaining their interim BAF surcharges. Container market expert and chief executive of...
Euronav’s Giant ‘Oceania’ Starts 12,400-Mile Trip to Fuel-Storage Zone
By Jack Wittels and Timothy Abington (Bloomberg) –The world’s biggest oil tanker has begun a 12,400-mile voyage to a fuel-storage zone in Asia, the latest movement of a vessel that’s intrigued the shipping market and fuel traders for months. More than 1,200 feet long, 16 years old, and able to hold...
Calls for IMO 2020 Grace Period Mount as Deadline Looms
By Mike Wackett (The Loadstar) – Growing safety concerns around the IMO’s 0.5% sulphur cap on marine fuels has led to talk of a period of “permitted noncompliance” following the 1 January implementation. In addition, Indonesia has announced that, because of the threat of an increase in prices for...
Countdown to 2020: Singapore’s Ocean Tankers Tests IMO-Compliant Fuel
By Roslan Khasawneh and Chen Aizhu ONBOARD THE PU TUO SAN, July 25 (Reuters) – Off the coast of Singapore, the world’s largest ship refuelling centre, a bunker barge sidled next to the supertanker Pu Tuo San to fill the giant vessel with a new type of fuel that will meet global standards that start...