IMO 2020 puts IBIA Conference in Spotlight

Shipowners and bunker industry players accept IMO 2020 is coming and are ready to adapt is how the overall flavour the International Bunkering Industry Association conference in Copenhagen was put by Lloyd’s List. The voice of the shipowner sent two reporters to the event, an acknowledgement, perhabs, of the significance of sulfur cap rule change … Read moreIMO 2020 puts IBIA Conference in Spotlight

Genoil produces 0.34% low sulfur fuel oil in latest processing run ahead of IMO 2020 rule

Singapore — Genoil said Monday it had carried out an additional successful processing run of IFO 380 marine fuel oil at its feedstock processing facility in Russia, resulting in the production of commercial grade 0.34% LSFO from RMG-380. New York-headquartered Genoil has a proprietary technology called the Genoil hydroconversion upgrader, or GHU, which is a desulfurization … Read moreGenoil produces 0.34% low sulfur fuel oil in latest processing run ahead of IMO 2020 rule

IMO 2020: Demand for refinery feedstock VGO to rise

Demand for vacuum gasoil (VGO), a distillate fuel grade used in blending, is likely to increase in the run up to 2020 although that demand will be tempered by the relative value of other products in the refining process, price reporting agency SP Global Platts has said. VGO typically has 0.5% to 0.6% sulfur content … Read moreIMO 2020: Demand for refinery feedstock VGO to rise

Box carriers face a “world of hurt” recovering IMO2020 bunker costs

Box carriers face a “world of hurt” managing the additional cost burden of IMO 2020 bunkers, says Matson, Inc Chairman and CEO, Matt Cox. While the Pacific carrier likes the look of scrubbers + HSFO for its compliance strategy and this week said it was fitting units to a further three of its vessels, many … Read moreBox carriers face a “world of hurt” recovering IMO2020 bunker costs

IMO2020: BIMCO clause highlights charterers’ obligations to dispose of noncompliant bunker fuel, keep every stem separate

BIMCO’s 2020 Bunker Clause working group says it is pushing hard to finish work on two key clauses addressing the global switch to 0.50% sulfur content fuel on January 1, 2020. Development of the draft for one of those clauses, the 2020 Transitional Fuel Clause, has highlighted some important points about the obligations of charterers … Read moreIMO2020: BIMCO clause highlights charterers’ obligations to dispose of noncompliant bunker fuel, keep every stem separate

Authorities appear ill-equipped to ensure sulfur regs compliance: Euronav

There are a rising number of breaches to existing emissions control area (ECA) rules, suggesting that flags states are ill-equipped to ensure regulatory compliance, says major tanker owner Euronav. With the countdown to IMO 2020 well and truly on, the question of how the new rule will be effectively enforced has been front and centre … Read moreAuthorities appear ill-equipped to ensure sulfur regs compliance: Euronav

Trump view on IMO 2020 not shared by Big Oil

The US oil industry is letting the Trump administration know about the billions of dollars in investments it has poured into the sector over the past decade to deliver compliant marine fuels to the shipping industry. And since the industry is likely to benefit from the change, oil executives have not favoured the White House … Read moreTrump view on IMO 2020 not shared by Big Oil

Everything you need to know about MEPC 73

Lloyd’s Register and the International Bunker Industry (IBIA) have both released excellent summaries of the key bunker-related issues addressed at 73rd session of IMO’s Marine Environment Protection Committee (MEPC73). While the immediate headlines were made by the adoption of the fuel oil carriage ban and rejection of an “experience building phase” (EBP) at the start … Read moreEverything you need to know about MEPC 73