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Sinopec Luoyang Petrochemical on Friday (8 May) said it has successfully produced and shipped 3,000 metric tonnes (mt) of its LSR-1 low sulphur marine fuel, according to Sinopec News Network, the company’s official news agency.
The company has had to pivot its production due to the recent oil market crash that has resulted in relatively low prices for diesel oil.
It was then decided that it would produce IMO 2020 compliant, LSR-1 low sulphur marine fuel on a trial basis in order to adapt to market changes and maximise efficiency of existing diesel production facilities.
Due to the relatively low speed of a ship’s engine, the new product requires considerable discrepancies in indicators such as colour, pour point, and cetane number, it said.
The production team was then tasked with studying the index requirements of LSR-1 to manage the processes of receiving raw materials, blending, and delivert to formulate detailed production plans.
On Saturday (2 May) the analysis of the first trial batch met all the requirements of the internal control indicators and on Monday (4 May) the entire batch of the trial production was loaded and shipped out.
Sinopec Luoyang says it estimates 20,000 mt of LSR-1 to be shipped out this month.
Manifold Times reported various Sinopec refineries starting production of low bunker fuel this year due to IMO 2020. Earlier developments are as follows:
Related: Sinopec Shengli produces and exports first batch of low sulphur bunker fuel
Related: Sinopec Jinling ramps up production of low sulphur bunker fuel and catalytic materials
Related: Sinopec Yangzi commences production of low sulphur bunker fuel
Related: Sinopec Guangzhou exceeds RMG180 marine fuel oil production in Q1
Related: Sinopec Shanghai produced 66,800 mt of low sulphur bunker fuel in Q1 2020
Related: Sinopec Guangzhou announces first export of LSFO bunker fuel cargo
Related: Sinopec Guangzhou Petrochemical announces first delivery of marine fuel oil
Related: Sinopec Hainan Company readies LSFO bunker cargo for export
Related: Sinopec Maoming Company announces first LSFO bunker cargo
Related: Sinopec Qilu Company announces first delivery of LSFO marine fuel product
Photo credit: Sinopec News Network
Published: 11 May, 2020
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
3,490 mt of LSFO from Itochu Enex was lifted at Universal Terminal; the same bunker stem was bought by Global Marine Logistics and delivered by bunker tanker Juma to receiving vessel Kirana Nawa.