Latest additions to fleet represent completion of a 2015-started investment plan worth above $200 million.
Reduces emissions, including upstream production and transportation, by 85% compared to bunker fuel.
Asia which makes up 40% of global bunker demand will bear brunt of demand shift caused by IMO 2020.
‘The solid financial position and our new industry-leading credit facility give us an exceptional position,’ says CEO.
Exponent and Innospec advice on new complaint fuels characteristics and how vessels can prepare for them.
‘There is not really a best-before-use date… the stability of our fuel can be good for one year,’ says ExxonMobil.
Due to unauthorised anchoring as tanker failed to produce permission from the Director of the Sea, it says.
The Director of Legal and External Affairs at IMO talks to BIMCO Bulltein about FONAR, scrubbers, and more.
Regulators have laid out rules, but issues remain with scrubbers, alternative fuels, and bunker quality.
Other suppliers such as Spanish refiner Cepsa forecasting higher price premium of $300/t differential in 2020.
