Months into sulphur cap implementation, all four shipping associations remain cautiously optimistic and urge all stakeholders to uphold their responsibilities.
Maritime insurer discusses potential commercial disputes it foresees post IMO 2020, and outlines response parameters for legal costs covers.
Shortages due to VLSFO not stabilising in vessel pipes, resulting in inaccurate readings - shipowners are advised to appoint a Bunker Quantity Surveyor.
Reminds shipping industry that carriage ban is meant to support consistent implementation of the sulphur cap.
‘In 2020, we plan to increase the share of ultra- and low-sulphur marine fuels in total sales up to 50%,’ says CEO.
‘High-sulphur resid was replaced by VLSFO sales in Panama, because VLSFO sells at a discount to MGO,’ reports Argus Media.
P&I club outlines clarifications on SPRO Agreement and oil booming requirements through China MSA document.
Production and export of LSFO aimed at reducing inventory of HFO and increasing profits, reports Sinopec News Network.
Lower demand and improved supply logistics for LSFO main factors behind the narrowing of price premium over HSFO.
Survey aims to further understand the quality of new compliant fuel oils and possible safety implications of IMO 2020 fuels.
