Tag: HSFO
High-Sulphur Fuel Oil Demand To Plunge 60% Next Year
HSFO demand to fall 60% and MGO demand to be more than double next year due to new regulations on shipping fuel.
Demand...
Shipping’s 2020 Rule Would Cost the Industry Upto $50 Billion for...
The IMO 2020 regulation shift from heavy oil to low-sulfur might hit vessel operators and cargo owners due to extra cost.
IMO 2020...
IMO 2020 Effect on the Fuel Bunker Mix Short – and...
As the global shipping industry is sailing towards the major change in bunker fuel regulations by IMO from January 1, 2020, a forecast on...
Sulphur 2020 – Count Down To The Switchover
BP announced that they have successfully tested Low Sulphur Fuel Oil at sea and will be selling 0.50% before 2020.
International Energy Agency...
GP Global to Offer 0.5% Fuel From April to Major Bunkering...
UAE-based GP Global will make 0.5% sulphur content bunker fuel available from April.
The bunker fuel will be available in major ports including Fujairah,...
Shell & HES To Revive German Oil Refinery Ahead of IMO...
The sulphur cap set by the IMO from next year, to be one of the biggest fundamental events to hit oil markets in...
Freight Derivatives and Iron Ore Futures Volumes Soar
The macro-economic factors and the tragic events in Brazil along with uncertain US-China trade relations heightened uncertainty and created trading opportunities.
The total...
HSFO in 2020 Could Contain 4.2% Sulfur Prior To Scrubber Treatment
The level of sulfur in marine fuel, before it passes through an exhaust gas cleaning system or scrubber, could rise from current levels to...
IMO 2020 Scrubbers Uptake – 4% of Vessels, 10% by Tonnage
4% of the world fleet plus order book is slated to have scrubbers.
A majority of this 4% is still waiting to get...
CMA CGM Opts LNG Propulsion and Scrubber Mix on 10 Newbuilds
CMA CGM opted LNG and Scrubber mix for complying with the IMO 2020 sulphur cap.
Ordered 15,500 teu containerships from CSSC with five...