Tag: HSFO
Singapore Fuel Inventories Drop Eight-Month Low Ahead of IMO Rules!
Singapore onshore stocks of petroleum products fell to an eight-month low in the week.
The prices came in at 38.372 million barrels, down from...
Asian Fuel Oil Premiums Surge As Global Sulfur Shift Looms
The premium for 380-centistoke (cst) high-sulfur fuel oil rose to $11.63 a ton above Singapore benchmark prices.
It is attributed to a combination...
Stockpiling for LSFO Components, Paper Trading Ramps Up in May
Liquidity in the derivatives markets along with testing and stockpiling demands increased throughout the year.
Singapore premiums for 0.5%S to the Mean of...
BCG Study : IMO 2020 Will Disrupt Markets for 1-5 Years
According to a recent study released by Boston Consulting Group, the marine industry’s shift to using very low sulfur fuel oil (VLSFO) from January...
Chevron To Bring IMO Compliant Shipping Fuel
Chevron plans to bring an IMO-compliant 0.5% sulphur shipping fuel blend to the market by the end of the third quarter, reports Reuters.
Stringent IMO...
Tick Tock- Countdown To 2020 Global Compliance
Tankers and all vessels will be required to limit their sulphur emissions to just 0.5% from the current limit of 3.5%.
Tanker owners...
IMO 2020 Challenges Global Refinery Industry’s Capacity
IMO decided to strictly enforce use of bunker fuels with a sulfur content of 0.5% from the existing 3.5% limit, from 2020.
...
Impact of Sulphur Cap on Bunker Fuels
HSFO to 2020 compliant fuel shift has raised concerns regarding sufficient compliant product availability.
The uptake of scrubbers has not been as extensive...
PBF Emerges as NYH’s Top 2020 Bunker Supplier
Maersk to procure 1.25mn t compliant fuel per year from PBF an independent refiner in the US.
EIA showed residual fuel oil...
Singapore HSFO Viscosity Spread Widens To 1-year High
Singapore HSFO viscosity spread hit $14.00/mt the widest since April 9, 2018 from $13.15/mt, on tight blender or cutter stocks used to reduce...