Initial exports of bunker fuel may be limited due to focus on developing domestic coastal bunker fuel market.
China’s fuel oil tax rebate may lower bunker prices, especially in Asian shipping hubs, says FIS’ Chris Hudson.
Delayed exhaust gas scrubber installations will further boost demand for IMO-compliant products.
‘We need to pay close attention and maintain our focus on compliance as we move toward a stable path.’
Sulphur content issues, redelivery, and charterparty disputes among the most common problems encountered.
CEO Yukikazu Myochin addresses the need for the company to continue studies on new technologies such as Kite energy.
Test samples of 0.5% sulphur fuel produced from blending process found to have 0.16 to 0.21% m/m.
Shippers need to make sure they understand exactly what they are being asked to pay extra for by carriers.
HPCL has produced the first batch of VLSFO from its Visakh Refinery ahead from IMO 2020 January 1 deadline.
Full impact of IMO 2020 is likely to be felt in March, once the current global stockpile of LSFO has dwindled.
