Clean technology engineering firm Genoil has teamed up with two Russian institutions to design a low-cost desulphurisation project aimed at meeting the IMO 0.5% global sulphur cap regulation in 2020.
The use of low sulphur distillates will be the most widely adopted solution for shipowners come 2020 upon the implementation of the IMO Marpol Annex VI regulation, according to physical bunker fuel supplier Bomin Group.
Aegean NWE, marine fuels supplier in the Northwest European region of Aegean Marine Petroleum Group, has made available the supply of ultra-low sulphur fuel oil (ULSFO) in the Antwerp-Rotterdam-Amsterdam (ARA) port region including Zeebrugge.
With less than three years away from the IMO Marpol Annex VI global 0.5% fuel sulphur rule, shipowners and operators are increasingly pressed for time to decide on which option they would choose to comply with the emissions reduction regulation.
Bunker fuel supplier Bomin Group and clean technology engineering firm Genoil Inc have penned a memorandum of understanding (MOU) to collaborate on developing low sulphur fuel oil (LSFO) products.
China has enforced the use of fuel with a maximum sulphur content of 0.5% on ships berthing at six more key ports starting 2017, extending from five ports that have implemented the regulation in 2016.
Singapore, the world’s largest bunkering port, is unlikely to face a bunker fuel supply crunch come 2020 when all ships are required to burn 0.5% sulphur content cap fuel, but owners can definitely expect to face higher bunker bills, according to industry players.
Helsinki-based Neste is planning to launch a low-sulphur marine fuel which has a significantly higher viscosity than the currently available products at end-2017.
Since the introduction of new ECA fuels (NEFs) in the market end of 2014, the increase in number and variety has been simply impressive.
China Navigation Co has been fined $129,500 for violating fuel switching laws and failing to use low sulphur bunkers in the California emission control area (ECA) in 2012.