Majority of IMO 2020 compliant bunker demand to be met by marine gasoil, low sulfur fuel oil: IBIA exec

Majority of IMO 2020 compliant bunker demand to be met by marine gasoil, low sulfur fuel oil: IBIA exec

Compliance to the International Maritime Organization’s global sulfur limit rule is expected to be high with about 95% of the compliant bunker fuel demand likely to be met by marine gasoil and low sulfur fuel oil come 2020, Simon Neo, regional manager Asia at IBIA, said Tuesday.

“Before 2020, things need to be ready as the date is cast in stone … IMO 2020 is final and there will be no delay,” Neo said at an industry event in Singapore.

The IMO will cap global sulfur content in marine fuels at 0.5% starting January 1, 2020, from 3.5% currently. This applies outside the designated emission control areas where the limit is already 0.1%.

Shipowners will have to switch to more expensive cleaner fuels or consider alternative fuels such as LNG or use HSFO with scrubbers to comply with this rule.

Read the full article here

IMO2020 fuel could come with “best before” dates

IMO2020 fuel could come with “best before” dates

The new breed of “hybrid” IMO2020 bunkers expected on the market could come with “best before” dates.

Bunker buyers have already been warned about stability an compatibility issues with the new 0.50% sulfur fuels, but the idea that there could also be a time-sensitive component to this will add a dimension of complexity to vessel operator’s fuel management procedures.

Read the full article here

Rapid diagnosis essential as fuel concerns escalate

Rapid diagnosis essential as fuel concerns escalate

ExxonMobil has highlighted the importance of timely diagnosis of cylinder condition problems as the industry prepares for a brace of new fuel quality challenges.

The IMO’s 2020 global sulphur cap will see the introduction of several new blends of very low sulphur fuel oil, with widely varying characteristics and – according to many observers – an increased probability of cat fines due to the fuel streams likely to be blended. In a new whitepaper ExxonMobil argues that engine damage can occur quickly – within 24 hours in the case of cat fines or 20 days for cold corrosion.

Read the full article here

IMO 2020: Russia to provide stimulus for low sulfur bunker production

IMO 2020: Russia to provide stimulus for low sulfur bunker production

Russia is taking steps to stimulate the production of low sulfur bunkers and ease the transition to the new IMO 2020 global sulfur cap for the country’s  refiners.

Speacking at the 12th international Transport of Russia conference in Moscow Sorokin, vice minister of energy, said as part of package of “special privileges ” for refiners his country would offer “a small premium for every ton of low-sulfur fuel in the Baltic and in the Far East basin,” local media reports.

Read the full article here

Taiwan shocks industry with 12 months forward implementation of IMO global sulphur cap

Taiwan shocks industry with 12 months forward implementation of IMO global sulphur cap

Guidance has been issued to owners that Taiwan is to implement IMO 2020 global sulphur cap from 1 January 2019, a full year earlier than required.

West of England P&I Club correspondents Pro-Marine Law Office, Taipei, have advised of the publication of further guidance concerning the early implementation of the Marpol sulphur cap in Taiwanese ports from 1 January 2019.

The guidance, issued by the Ministry of Transportation and Communications, advises that from 1 January 2019 vessels entering international commercial port areas in Taiwan, shall utilise either fuel oil with a sulphur content of not more than 0.5% m/m by weight, or equivalent methods of emission reduction in accordance with the Marpol Convention.

Read the full article here