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All 2020 News

Indonesia: Bunkering locations for LSFO marine fuel expand during first six months of IMO 2020

The local bunkering sector has adapted to IMO 2020 requirements and LSFO is now available at more than two earlier locations, notes bunker supplier Trillion Energy.

Jul 03 2020

Straits Inter Logistics IMO 2020 strategies contribute 141.2% jump in revenue for Q1

‘The expansion in revenue was attributable to more bunkering jobs being secured to provide LSFO as a result of the IMO 2020 sulphur cap effective 1 January,’ it said.

Jun 26 2020

The Standard Club: Australia introduces increased fines for pollution related incidents

Increased fines are not limited to oil or bunker spills and could also apply to other situations, for example where containers have been lost overboard.

Jun 25 2020

Aderco reports key issues on how low sulphur bunker fuels can damage diesel engines

Report shows increased bacteria growth from the use of biodiesel in blending some low sulphur fuels compromises stability and poses risk to damaging hardware.

Jun 23 2020

Glander International Bunkering IMO 2020 preparations boost 73.56% earnings increase

All departments of the organisation were involved in preparations at varying levels and a tailormade IMO 2020 in-house training program was rolled out, it said.

Jun 19 2020

Hong Kong Transport and Housing Bureau proposes amendment to shipping regulations

“Proposed amendments involve […] application of Energy Efficiency Design Index requirements to ships having ice-breaking capabilities,” said a spokesman.

Jun 16 2020

Timely decisions to seize market volatility increases Trafigura y.o.y. profits by 27%

Opportunities for geographical arbitrage were amplified by the uneven impact of COVID-19 in regions, while IMO 2020 created additional volatility in bunker fuel markets.

Jun 12 2020

Wärtsilä introduces upgraded Injection Control Unit for vessel engines using LSFO

Earlier generation ICUs were designed for operation with residual fuels, and long-term use with low viscosity bunker fuels may result in shorter component life.

May 26 2020

Russia: Rosneft refinery in Syzran commences production of low sulphur bunker fuel

Rosneft’s 2020 strategy includes the production of IMO 2020 compliant bunker fuel and refinery upgrades to meet stricter environmental regulations, it says.

May 22 2020

China: Sinopec Jinling successfully installs decompression tower on LSFO production site

Unlocks a milestone in company’s plan to expand its production of LSFO; careful planning was required due to the tower’s weight and narrow construction site.

May 20 2020

SGX LSFO contracts gain momentum as freight forward agreements enter strong start in Q1

Activity in the first four months of 2020 totalled 385,000 contracts, up 9% on year, with March performing particularly well at over 120,000 contracts.

May 06 2020

North P&I Club: No Scrubs- More Ports Declare Ban on EGCS Discharges *Update*

Attached table summarises North’s insight on the stands taken by ports that have or will prohibit the use of scrubbers, or have placed conditions on their use.

May 06 2020

VPS, Maersk Line and SDE International discuss first 100 days of IMO 2020 at ICS webinar

Panellists covered several marine fuel related topics including bunker fuel quality testing, COVID-2019, and long term storage of VLSFOs experienced during the first 100-day period.

May 06 2020

The Standard Club: IMO 2020 – Bunker Claims Handling Guide for a new decade

The guide introduces issues that may arise when seeking to comply with the Sulphur Cap and Carriage Ban, and likely areas of dispute in bunker fuel supply contracts.

May 05 2020

IUMI Ocean Hull Committee Chairman shares marine insurance perspective of IMO 2020

Few cases of ISO 8217:2017 (bunker fuel standard for marine distillate fuels) found to be inadequate; IUMI engaging parties to reduce risk of bunkers not meeting requirements.

Apr 30 2020

Russia: Rosneft Bunker expands delivery locations for low-sulphur marine fuel

Rosneft RMLS 40 low-sulfur marine fuel now available for delivery at ports in the Far East, Black Sea, Arctic and Baltic regions, says the company.

Apr 27 2020

Gazpromneft Marine exceeds 15,000 mt bunker fuel sales in Q1 at Constanta, Romania

Success is due to the cooperation of the manufacturer, logistics partners and company’s flexible pricing strategy that helped us gain a competitive advantage, says CEO.

Apr 24 2020

IBIA: Unintended Consequences

VLSFO was earlier alleged to cause an increase in black carbon emissions as it is more aromatic than HSFO – IBIA sheds light on such ‘unintended consequences’.

Apr 21 2020

CLECAT calls for transparency and dialogue on fair charging for bunker fuel during COVID 19 crisis

Despite drastic fall in oil prices, cargo owners and freight forwarders have not yet had a relief from the 35% drop in fuel prices of very low-sulphur fuel oil (VLSFO), says CLECAT.

Apr 20 2020

ABS releases latest trends and projections for future bunker fuels and decarbonisation

The second of two ‘Outlook’ documents, report applies what ABS currently knows about existing and future fuels to project which energy source could be best suited for each trade lane.

Apr 20 2020

Argus Media Q&A: IMO GHG 2023 decision will not be postponed

IMO representative discusses its upcoming GHG regulation deadlines and the possible impact for the industry and newbuilds given the current COVID-19 pandemic.

Apr 17 2020

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