Full impact of IMO 2020 is likely to be felt in March, once the current global stockpile of LSFO has dwindled.
The price levels for VLSFO and LS MGO have risen respectively by 30% and 24% from start of December.
Local bunker suppliers have indicated the availability of 0.5% fuel oil and fuel quality assurance at all ports.
Venezuela removes references to fuel oil and crude grade and adjust royalties based on destination market.
NIOPDC to supply and distribute 0.5% low sulphur fuel oil needed for the country’s maritime IRISL fleet.
Enforcement against vessels that narrowly exceed 0.5% VLSFO in test results may lead to legal claims.
Hydrocarbon vapours and oxygen deficiency in bunker tanks among major causes of fatalities in activity.
Christian Baekmark Schiolborg of BIMCO explains whether on board blending can be considered compliant.
Secretary-general of Iranian Shipowners’ Association says country has only one VLSFO producing refinery.
Organisation notes its member companies continuously highlight difficulties regarding the use of LSFO.
