News Round Up:  22- 30 March

News Round Up: 22- 30 March

Shippingwatch: MSC accused of illegally carrying heavy diesel on board a ship

Container line MSC is accused by the United Arab Emirates of illegally carrying heavy diesel on board one of its ships that is only allowed to sail on low-sulfur fuel. MSC argues that the oil was to be used for a test. https://www.bunkerspot.com/global/50154-global-talusia-universal-lube-oil-receives-nol-from-wingd

 

Splash 24/7: Fuel price spread plummets to as low as $62 per tonne

Latest data from Ship&Bunker shows the average price spread between high and low sulphur fuel oil at the world’s 20 largest bunkering hubs stands at just $86 per tonne, putting scrubber investments into sharp focus. In some ports the figures are even more narrow with Fujairah having a price spread yesterday of just $64 per […] https://splash247.com/fuel-price-spread-plummets-to-as-low-as-62-per-tonne/

 

Lloyd’s Loading List: UAE bans MSC boxship for a year over sulphur cap violations

In what could be one of the first penalisations relating the HSFO carriage ban that came into effect earlier this month, the United Arab Emirates has banned an MSC containership and will take legal action against its master for violating the rules https://www.lloydsloadinglist.com/freight-directory/news/UAE-bans-MSC-boxship-for-a-year-over-sulphur-cap-violations/76202.htm

 

Bunkerspot: ASIA PACIFIC: Sinopec refinery begins VLSFO production

The Guangzhou refinery has delivered its first cargo of very low sulphur fuel oil.  https://www.bunkerspot.com/asia/50123-asia-pacific-sinopec-refinery-begins-vlsfo-production

Bunkerspot: GLOBAL: Talusia Universal lube oil receives NOL from WinGD

Total Lubmarine’s Talusia Universal (BN57) has received a No Objection Letter from WinGD for all fuels – liquid and gas – with a sulphur content between 0.00% – 1.50%. https://www.bunkerspot.com/global/50154-global-talusia-universal-lube-oil-receives-nol-from-wingd

 

Lloyd’s Loading List: IMO 2020 + Covid-19 = 0

Coronavirus-driven fall in oil prices has reversed the expected extra costs for container lines and their customers of this year’s new low-sulphur fuel rules, highlights Drewry Supply Chain Advisors https://www.lloydsloadinglist.com/freight-directory/news/IMO-2020-Covid-19-0/76220.htm

 

VPO: Effects of LSFO on cylinder condition shown 3 months after IMO 2020 implementation

The global 0.5 per cent sulphur cap has been in operation for nearly three months. The effects of low sulphur fuel oil (LSFO) and very low sulphur fuel oil (VLSFO) on cylinder condition compared with conventional high sulphur fuel oil (HSFO) are coming to light with preliminary field experiences showing issues associated with the fuel changeover. https://vpoglobal.com/2020/03/20/effects-of-lsfo-on-cylinder-condition-shown-3-months-after-imo-2020-implementation/

 

Start your IMO 2020 Tank cleaning no later then june 2019: Aderco

Start your IMO 2020 Tank cleaning no later then june 2019: Aderco

Those planning to switch away from HSFO to low sulfur fuels as part of their IMO 2020 compliance strategy should start their tanks cleaning no later than June 2019, Olivier Baiwir, CEO of Aderco, has advised.

Baiwir, whose company manufactures an assortment of fuel treatments including those used for tank cleaning, also advised that planning for the switch over should begin now.

“There is no time for ship owners, ship managers and operators to lose in getting their vessels ready for the IMO sulphur cap. The regulations come into force i little over 12 months but there have to be preparations well in advance of this to ensure compliance,” he says.

Read the full article here

More than just warm waters

Caribbean Renewable Energy Forum

The 9th Caribbean Renewable Energy Forum took place in Miami on October 18-20 and with 500 attendees from 50 countries, including 20 Caribbean locations, there was a lot to get through, particularly with the recent devastation caused by the weather in the region.

It was interesting to note that the subject of energy transition was discussed even as the recent events showed us how fragile modern technology can be in the face of nature. One of the biggest challenges will be nature-proofing systems for generating electricity based on renewables. The Caribbean is growing and so is the demand for energy. There will be more than one type of fuel and power generation schemes will find themselves under increasing environmental and financial scrutiny.

Peter Stevenson, managing director of Aderco Limited attended the forum and came away with a strong sense of commitment towards cleaner operations, particularly in those areas of the Caribbean subjected to the recent catastrophic weather.

“In many places in the Caribbean, oil-fired power plants still offer the most cost-effective and reliable means to produce electricity. Add into this the additional use of fuel treatment solutions to address fuel instability, reduces emissions and deals other environmentally concerning issues such as water contamination and sludge formations, then there will be considerable progress towards the lowering of emissions. This is an exciting time to be involved in the region, particularly for those wanting to develop clean energy solutions and this is something we at Aderco really understand.”

From an Aderco point of view, anything that helps reduce emissions used in the region makes sense in both financial and environmental terms. Sometimes just telling people there is a solution is seen as enough but we think there is a lot more that can be added to this mixture.