News Round Up – updated 30 March

News Round Up 30 March 2020

11 varied articles below featuring Sulphur 2020 – from availability to impact of Covid-19 Ship and Bunker – IMO Reports Show Sharp Drop in VLSFO Shortages Non-availability of VLSFO is coming down – just six FONARs were filed to the IMO in February down from 42 in January. https://shipandbunker.com/news/world/510733-feature-imo-reports-show-sharp-drop-in-vlsfo-shortages   Tradewinds – Scrubber payback pushed … Read moreNews Round Up – updated 30 March

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

Tackling IMO 2020: Final Countdown to Global Sulphur Cap Implementation Begins

SEA NEWS IMO2020 article

The clock is ticking towards the 0.5% sulphur cap and although this is about to become effective globally in less than 18 months from today, the route to compliance remains challenging. Challenges Ahead 1 Fuel availability in 2020 (refining capacity) 2 Fuel safety onboard ships; 3  Fuel price (achieve cost-effective compliance); 4  Global enforcement outside … Read moreTackling IMO 2020: Final Countdown to Global Sulphur Cap Implementation Begins

DHT using 12 VLCCs with Alfa Laval scrubbers to meet the 2020 sulphur goal

DHT-funnel-and-logo

July 3, DHT announced that it has entered into agreements to install exhaust gas cleaning systems, also known as scrubbers, on twelve of its VLCCs. The Company has entered into agreement with Alfa Laval to supply the systems and has also secured shipyard capacity to install all systems within 2019. The systems will be installed on ships … Read moreDHT using 12 VLCCs with Alfa Laval scrubbers to meet the 2020 sulphur goal

The world will need 2.3 million barrels more oil a day

It may already be too late to listen to Martin Tallett. The consultant, who has more than four decades’ experience in oil refining, presented research two years ago to the United Nations’ agency charged with setting rules for the maritime industry. In it, he warned oil markets would be strained if tough standards for shipping … Read moreThe world will need 2.3 million barrels more oil a day

Understanding the challenge of Sulphur 2020

IMO 2020 Rule: Enforcement shipandbunker.com The key to understanding the challenge of creating effective enforcement mechanisms lies in understanding IMO’s own authority and the current levels of authority provided to Flag States and Port States. A good read and puts the situation very well  Re

WE NEED TO KNOW MORE AND WE NEED TO KNOW IT NOW!

In six months we will could still be as uncertain about the quality of low sulphur fuel and the availability of it at worldwide bunkers as we are now. During the past few months we have continued to discuss these matters because we feel that non-compliance will only be an option for some operators and … Read moreWE NEED TO KNOW MORE AND WE NEED TO KNOW IT NOW!

THE FIRST VOTE OF THANKS GOES TO ….

If the reports in one of the prestigious maritime journals is to be believed (and we do!) then we are starting to learn when and where the new IMO 2020 compliants fuels will be available and most importantly, where they will be bunkered. According to one magazine: “ExxonMobil announced its initial distribution plans for marine … Read moreTHE FIRST VOTE OF THANKS GOES TO ….