News Update 18 November – Sulphur 2020

Please find all the stories from last week  concerning Sulphur 2020 News roundup – for week commencing 11 November 2019 Bunkerspot – (subscription) ASIA PACIFIC: CHINA’S SINOPEC REPORTEDLY PLANNING 100-BARGE BUNKER FLEET Chinese energy giant Sinopec is reportedly planning to build a fleet of 100 barges over the next three years as part of its … Read moreNews Update 18 November – Sulphur 2020

NEWS ROUNDUP – 28 October 2019

Sulphur 2020 NEWS ROUNDUP – 28 October 2019 Lloyd’s Loading List – Carriers need to develop greener supply chains to meet IMO 2020 cost James Baker | Monday, 28 October 2019 With the cost of compliance to new low-sulphur regulations set to top $10bn in the first year alone, box lines need to pass through … Read moreNEWS ROUNDUP – 28 October 2019

IMO 2020 presents challenges and opportunities for container shipping lines

Hong Kong Shipping Gazette article 23 October 2019 – reposted http://www.shippingazette.com/menu.asp?encode=eng  INDUSTRY experts have raised fresh concerns over the container shipping sector’s ability to recoup higher fuel costs that stem from the International Maritime Organization’s (IMO) new regulation that ships use maritime fuel with a sulphur content capped at 0.5 per cent, starting from January 1. … Read moreIMO 2020 presents challenges and opportunities for container shipping lines

Friday Round Up of News 18 October IMO 2020

A round up of what is in the maritime press this week on Sulphur 2020 and IMO 2020. SP Platts – Demand for cleaner marine fuels in Singapore ramps up as IMO 2020 looms: MPA data Sales of 180 CST low sulfur fuel oil in September jumped 70.7% from August to 71,500 mt. More here … Read moreFriday Round Up of News 18 October IMO 2020

Great roundup and guidance from Marine Insight

Marine Insight logo

Marine Insight email news update on Sulphur 18 October 2019 IMO 2020 or Sulphur 2020 is a regulation that aims to cut sulphur oxide emissions from ships. Sulphur is prominently found in crude oil, the main type of fuel oil used for ships. Sulphur oxides, one of the products of crude oil combustion in Marine … Read moreGreat roundup and guidance from Marine Insight

In the news – Sulphur 2020 Update 15 October

As it is only 78 days to the introduction of the IMO Sulphur 2020 Cap, it is not surprising that there is a lot in the news about the latest developments, trends and compliance. So we are going to be producing regular news updates featuring the key stories for you to look at. The latest … Read moreIn the news – Sulphur 2020 Update 15 October

S & P Global Platts: IMO 2020 draws more Participants into Singapore’s Bunkering Pool

More companies are entering the Singapore marine fuel market, hunting for opportunities ahead of the International Maritime Organisation’s global sulphur limit for bunker fuels that are expected to drive demand for cleaner fuels, industry sources told S&P Global Platts. “We are seeing more companies returning to the Singapore market, some of which have been quiet … Read moreS & P Global Platts: IMO 2020 draws more Participants into Singapore’s Bunkering Pool

IMO2020: Alternative to All-In Pricing – Considering Options beyond Legacy Rates Systems

Article by Ship & Bunker

The separation of fuel and freight describes one of the positive contracting amendments to come from IMO2020. Despite a past common practice of using all-in rates, carriers and shippers have generally separated fuel and freight costs in contracts during 2019. Much of the shift form all-in rates was initiated by carriers to improve their chances … Read moreIMO2020: Alternative to All-In Pricing – Considering Options beyond Legacy Rates Systems

Shipping Company fined $3M for breaking Sulphur Rules

A shipping company found breaking the 0.1% sulphur limit on using bunker fuel in the US Caribbean emissions control area (ECA) has been fined by a US court. The US district court fined ship operator Ionian Shipping and ship owner Lily shipping and a number of individuals $3 million for breaking the rules. The ship … Read moreShipping Company fined $3M for breaking Sulphur Rules