Tag: VLSFO
International Maritime Organization Standards Puts a Hike in Diesel Prices
International Maritime Organization (IMO) 2020 standard states that marine fuels containing no more than 0.5% sulfur by weight are to be used to...
IMO 2020 Starts To Jolt Oil Market
Price of low-sulfur, heavier oils that refineries make and then reprocess into transport fuels like gasoline and diesel has jumped in Europe.
Market...
Asia Refiners Venture into Export of IMO Compliant Fuel
Taiwan and South Korean refiners are venturing into newer markets to export low-sulphur ship fuel.
Refiners have redirected low-sulphur feedstocks for making VLSFO, with 0.5% or...
IMO2020 Grade Fuel Launched by Austrian Company
Vienna-listed oil and gas company OMV has developed a very low sulfur fuel oil (VLSFO) with 0.5% sulfur content.
VLSFO is in line...
Current Futures Prices and Refiner Processing Options
IMO 2020-compliant marine fuel purchase for vessels without scrubbers will start in the next three months, VLSFO being the primary IMO 2020 compliant...
Technical Review of Safety Implications of 2020 Compliant Fuels
The recently concluded (Maritime Environment Protection Committee) MEPC 74 meeting held in London last month for the prevention and control of marine pollution from...
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...
Cepsa Aims to Produce up to 2.5 Million Tonnes Low-Sulphur Fuel...
According to an article published in Reuters, Spanish refinery Cepsa aims to produce 2.2 million-2.5 million tonnes per year of shipping fuel.
IMO complaint fuel
The...
Lubricants and Additives Target Low-sulphur Fuel Oil Concerns
New cylinder lubricants and additives are being launched on to the market to tackle fuel quality and engine concerns around 2020-compliant very low-sulphur fuel...
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...