- Copenhagen, Denmark/Rotterdam, The Netherlands, Maersk Oil Trading and Koole Terminals have planned to sign an agreement.
- The agreements plan to produce IMO 2020-compliant bunker fuel at the PID unit located at Koole’s Botlek site in the heart of the Port of Rotterdam.
- Annual production is expected to cover 5-10% of Maersk’s annual fuel demand.
Copenhagen, Denmark/Rotterdam, The Netherlands, Maersk Oil Trading and Koole Terminals announced the signing of an agreement to produce IMO 2020-compliant bunker fuel, says a press release published on their website.
Production of VLSFO bunker fuel
The production will take place at the Petrochemical Industrial Distillation (PID) unit, located at Koole’s Botlek site in the heart of the Port of Rotterdam. The toll distillation deal allows Maersk to produce VLSFO bunker fuel and will enable Maersk to further expand its bunker supply volumes in Europe.
Less dependence on fuels outside ECA zones
“The fuel manufacturing process allows Maersk to produce compatible low sulphur fuels that comply with the IMO 2020 sulphur cap implementation, reducing the need to rely on 0.1% price-based gasoil and fuel oil outside the ECA zones. Our activities with Koole will be an important driver in ensuring stable, reliable services for Maersk’s customers during a potentially volatile period for global shipping,” said Niels Henrik Lindegaard, Head of Maersk Oil Trading at A.P. Moller – Maersk.
Contribution to a sustainable society
“Koole Terminals continues to explore opportunities to contribute to a sustainable society. One of the initiatives is to utilize our PID unit for producing environmentally friendly transportation fuels. We are proud to partner with Maersk and produce a low sulphur bunker fuel to support the reduction of sulphur emissions in order to reduce air pollution,” said John Kraakman, CEO of Koole Terminals.
Conclusion
The IMO 2020 0.5% sulphur fuel cap will be implemented globally as of 1 January 2020. Bunker fuels within the ECA (Emission Control Area) zones will remain at the current cap of 0.1% sulphur. Koole’s PID unit will also enable Maersk the possibility to produce such ECA 0.1% sulphur fuel.
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Source: Maersk
