Albert Susilo, an Analyst for the Indonesian shipping sector at shipbroking, analysis and consultancy firms AE Marine and Golden Bay Chartering, provides commentary.
Due to IMO 2020 development directly affecting price of sour crudes such as those composing the JCC mix.
Lina Molfetas estimates 0.5% fuel demand in Middle East 2020 could be as high as 1.3 mil MT/month in 2020.
Prohibits washwater discharge from open-loop scrubber whilst in Malaysian Water, states Marine Department.
Malaysia will enforce the MARPOL Annex VI, Regulation 14.1 on 1 January 2020, states Marine Department.
Marine fuels and shipping industries now supported with ‘great tools to manage IMO 2020’, says IBIA.
Briefing covers fuel oil sulphur content limit and ban on discharge of wash water from open-loop scrubbers.
Market dictated by uncertainty, speculation and general fear of where the bunker market is heading, it says.
Covers necessary mitigating measures to limit the risk of the ship being detained as well as ensuring safe operation.
Royal Vopak posts 523.9% jump in net profit for Q3 2019; IMO 2020 conversions to support revenue from Q4.
