The upcoming IMO 2020 global sulfur cap on marine fuel will require ship owners / operators to shift their thinking on how they buy bunkers, says Luca Volta, ExxonMobil’s Marine Fuels Venture Manager.
“Right now, the industry does fuel procurement. In 2020 the industry will need to do fuel management, and the two are very different,” Volta told Ship and bunker.
“Fuel management is understanding the property of the fuel, understanding the property of the fuel, understanding your supplier and what is behind them. And this needs to be done almost on a vessel by vessel basis as they’re not all the same. Tanker segregation and line segregation, for example, might be very different. So a lot of conversation we have had with our customers goes down to the nitty gritty on a per vessel basis. ”
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