Get on with 2020 preparations says Euronav CEO Paddy Rodgers
At this year’s tanker shipping and trade conference Euronav CEO Paddy Rodgers shares his view on the upcoming regulation for sulphur fuel oil emphasizing that postponing the cap is not a limit. The tanker industry should rather accept the new rules and work on ways for compliance.
Riviera Maritime Media Ltd
Published on Nov 15, 2017
Is ‘wait and see’ a dangerous game?
A recent survey by ExxonMobil showed that almost 70% of respondents believed the marine sector is not ready for the sulphur cap in 2020. This perhaps reflects a more general feeling that shipowners are still opting for a ‘wait and see’ approach to the cap and are looking to see how – among others – refiners and competitors respond before making their final decisions. Paul Fanning, Editor at Marine Propulsion & Auxiliary Machinery, shares his view of the current behaviour in the shipping industry.
Riviera Maritime Media Ltd
Published on Oct 18, 2017
S&P Global Platts Shipping & Bunker Breakfast Forum
How will IMO 2020 affect bunker players? What does the future for LNG look like? –
Platts editors and analysts share their views on how best to deal with the IMO’s 2020 sulphur cap and its implications on specific areas of the business.
IMO 2020: Which country will be the toughest enforcer of the sulphur cap?
At recent shipping industry events in London, compliance with the IMO’s upcoming 0.5% sulphur cap on marine fuels was a hot topic among industry representatives. S&P Global Platts editors Ned Molloy, Tom Washington and Jack Jordan discuss a recent case of non-compliance in Denmark, as well as which countries can be expected to enforce the rules most strictly in 2020, given the evidence so far from ECA zone enforcement.
To hear the podcast click here.
S&P Global Platts
Published on Sep 21, 2017
Lloyd’s List Business Briefing London: Highlights
During London International Shipping Week a panel of key market participants discussed the Global Sulphur Cap 2020, its legal and insurance applications and how to mitigate risk in a mixed fuel future from an European, American and African perspective.
Published on Sep 22, 2017
IMO 2020: A storm in a teacup?
A sense of anxiety is gripping the shipping industry as it looks toward the imposition of more stringent sulphur restrictions on marine fuel on January 1, 2020. But why?
Jason Silber, head of Ocean Intelligence, S&G Global Platts shares his view of the IMO deadline.
Bunkering: Is this the era of disintermediation?
Independent bunker traders are increasingly losing market share to physical suppliers and large commodity traders. Ocean Intelligence analysts discuss the issue of disintermediation in the marine fuels market including questions such as why margins have been under such pressure and if traders will continue to have a role after 2020.
IRPC Americas 2017 – Ready for IMO 2020?
The panel explores the impact of the IMO’s Global Sulphur Cap decision and how the mandate will affect the future of refining operations in the US and abroad, as well as options available to achieve lower maritime sulphur emissions. Refinery upgrades, change fuels, on-board scrubbing or do nothing?
Published on Jul 26, 2017
The bunker market beyond 2020
How will shipowners deal with the sulphur limits on bunker fuel? Platts bunker editor, Surabhi Sahu, weighs up the options and the implications for the shipping industry, the market and refiners as the 2020 deadline approaches.
Published on May 23, 2017
Blended fuels, not just distillates, required for 2020
For Unni Einemo, International Bunker Industry Associations’s IMO Representative, one of the biggest challenge in the tanker industry is the communication between users of bunkers and suppliers of bunkers as they need to work together in order to work out how the issues can be approached. For her, blended fuels rather than distillates will be key to meeting the requirements of the 2020 sulphur cap.
Published on Mar 20, 2017
Global sulphur cap paints a complex picture
The IMO’s Global Sulphur Cap decision not only affects ship operators but also the global refining industry. Massive change is required to meet demand. Paul Fanning, Editor at Marine Propulsion & Auxiliary Machinery, considers some of the practical difficulties that will be involved in transitioning from high- to a low-sulphur market.
Published on Jan 19, 2017
How will the IMO’s 2020 global sulphur cap reshape the oil industry?
On October 27 the International Maritime Organization announced a sharply lower sulphur cap on shipping fuel globally from 2020. But what are the implications for shipping lines, refineries and crude producers? Ned Molloy, managing editor for European fuel oil, reports.
Published on Nov 1, 2016