FuelsEurope, a division of the European Petroleum Refiners Association, Friday said it welcomes the work being conducted by the Pollution Prevention and Response (PPR) subcommittee to develop a suitable industry guidance that addresses potential issues on fuel and machinery systems.
“The draft terms of reference developed by OCIMF (Oil Companies International Marine Forum) and IPIECA (International Petroleum Industry Environmental Conservation Association) have initiated an interest of many stakeholders to contribute to the development of the industry guidance document on safe handling of 0.50 % S marine fuels,” it says.
“Regarding the stability and compatibility of 0.50 % S marine fuels included in the guidance, FuelsEurope is of the opinion that it should be strongly based on the results and/or recommendations of all the parties involved.
“FuelsEurope is of the opinion that with the adequate preparation from all stakeholders involved, the transition from high sulphur fuel oil to 0.50% sulphur fuels can be handled in a safe way.”
Meanwhile, it notes the debates on the verification issues and the control mechanisms and actions, which are intended to lead to a uniform approach on the verification of the sulphur content by all parties, to be ongoing.
“FuelsEurope supports to have the same verification procedure for the MARPOL samples and for the in-use samples,” it states.
“Additionally, it supports the global adoption a testing compliance method that is based on the established statistical confidence limit associated with the testing of the sulphur content in marine fuel products.”
Photo credit: International Maritime Organization
Published: 8 October, 2018
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
Bunker orders of ISO 8217:2010 spec LS 380 cSt 0.5% for Nord Gemini, Nord Titan, Ocean Rosemary, and Luzern were placed through global commodities trading and logistics house Trafigura Pte Ltd.
While Covid-19 concerns are important, Captain Rahul Choudhuri was quick to note this does not mean bunker fuel related issues have indeed disappeared from the shipping sector.
‘Therefore, representing the players of the Malaysian bunker industry, we sincerely hope that this matter can be refined and reconsidered immediately so that all parties benefit together,’ says communication.
Maureen Poh, a Director of Helmsman LLC, offers plain practical tips on the differences between US and EU Sanctions and shares some thoughts on what companies could do if they are potentially exposed to sanctioned entities.
‘We [Consort Bunkers] have the opinion that the bunker business in Singapore is not related to the widely reported earlier cargo commodity trading mishaps,’ company source tells Manifold Times.