• Follow Us On Our Preferred Social Media Platform:

All 2020 News

Argus Media: Euronav writes down IMO fuel value after price drops

As the value of Euronav’s 0.5% oil stocks fall below cost, the company has been buying 0.5% fuel in the open market to supply its fleet while writing down the value of its stock.

Apr 03 2020

CMA CGM temporarily suspends surcharge on low sulphur bunker fuel

Low Sulphur Surcharge no longer relevant with effect from 1 May, 2020 due to current price of VLSFO, states CMA CGM; however charges may still revert at a later date.

Apr 03 2020

China: Sinopec Guangzhou announces first export of LSFO bunker fuel cargo

713 mt of LSFO produced by Sinopec Guangzhou cleared the export division of Huangpu Customs, and was supplied to international vessels docked at Port of Guangzhou.

Apr 02 2020

Taiwan applies for tougher restrictions on bunker, aviation, and land-based fuels

0.5% sulphur cap will apply for Taiwanese international and domestic vessels by 1 July 2020, even though it is not a member of the IMO, states government.

Mar 23 2020

MSC issues statement on “MSC Joanna” violating fuel oil carriage ban in UAE

MSC Joanna scrubber installation was delayed following the COVID-19 pandemic which forced Chinese shipyards to close for an extended period of time, it explains.

Mar 20 2020

BIMCO: Roundtable meeting expects 77% drop in SOx emissions from ships

Months into sulphur cap implementation, all four shipping associations remain cautiously optimistic and urge all stakeholders to uphold their responsibilities.

Mar 11 2020

The Shipowners’ Club: Legal costs cover and IMO 2020

Maritime insurer discusses potential commercial disputes it foresees post IMO 2020, and outlines response parameters for legal costs covers.

Mar 06 2020

FOBAS Alerts: Large Bunker Quantity Shortages Encountered With VLSFO

Shortages due to VLSFO not stabilising in vessel pipes, resulting in inaccurate readings – shipowners are advised to appoint a Bunker Quantity Surveyor.

Mar 05 2020

Gazprom Neft IMO 2020 compliant bunker sales up by 47% in 2019

‘In 2020, we plan to increase the share of ultra- and low-sulphur marine fuels in total sales up to 50%,’ says CEO.

Mar 04 2020

IMO reiterates start of non-compliant fuel oil carriage ban

Reminds shipping industry that carriage ban is meant to support consistent implementation of the sulphur cap.

Mar 04 2020

Gard: China updates regulations on marine pollution from ships

P&I club outlines clarifications on SPRO Agreement and oil booming requirements through China MSA document.

Mar 03 2020

Argus Media: Panama MGO sales up but VLSFO demand dominates

‘High-sulphur resid was replaced by VLSFO sales in Panama, because VLSFO sells at a discount to MGO,’ reports Argus Media.

Mar 03 2020

Sinopec Maoming Company announces first LSFO bunker cargo

Production and export of LSFO aimed at reducing inventory of HFO and increasing profits, reports Sinopec News Network.

Mar 02 2020

Argus Media: LSFO bunker spreads at record lows

Lower demand and improved supply logistics for LSFO main factors behind the narrowing of price premium over HSFO.

Feb 28 2020

Sinopec Qilu Company announces first delivery of LSFO marine fuel product

LSFO production meant to gain greater market share in the international marine fuel market, says the company.

Feb 26 2020

BIMCO, ICS, INTERCARGO, INTERTANKO launch IMO 2020 fuels survey

Survey aims to further understand the quality of new compliant fuel oils and possible safety implications of IMO 2020 fuels.

Feb 26 2020

SAL Heavy Lift adopts ‘Smart Trader’ to weather IMO 2020 uncertainties

Inatech’s ‘Smart Trader’ is a complete end-to-end system for optimising fleet mapping and fuel procurement efficiently.

Feb 25 2020

Stillwater Associates: IMO 2020 – No Large Speed Bump Thus Far

Consulting firm discusses strategies refiners are executing after IMO 2020 implementation, and changes to be expected ahead.

Feb 21 2020

Demand for IMO compliant fuel spikes in Rotterdam

Reports note a remarkable increase in LNG sales that more than tripled alongside the expected surge in VLSFO sales post IMO 2020.

Feb 21 2020

Eurofins: Shipowners and Crew ‘most vulnerable’ in complex bunker fuel supply ‘deadlock’

‘There is no solution on the horizon until a statistical study and scientific consensus is reached clearly about Deleterious Materials,’ states Technical Sales Manager.

Feb 21 2020

Argus Media: U.S. bunker demand moves towards VLSFO

Reporting agency assesses split in U.S. demand for VSLFO, MGO and HSFO grades since the introduction of IMO 2020.

Feb 20 2020

Our Industry Partners

RSS Fields