France’s Total is readying to make 0.5% sulphur content fuels available at major bunkering ports from the fourth quarter of this year ahead of the IMO 2020 regulation, and the state oil firm is projecting a gradual global uptake of LNG as a marine fuel.
UAE-based Brooge Petroleum and Gas Investment Co (BPGIC) has unveiled a plan to build a 250,000-barrels per day (bpd) capacity refinery to produce IMO 2020-compliant bunker fuel in Fujairah.
With the IMO 2020 implementation day approaching, oil major Shell announced that it has carried out 19 successful trials of its very low sulphur fuel oil (VLSFO) at key ports globally.
Brazilian state oil firm Petrobras has produced and supplied its first batch of IMO 2020-compliant bunker fuels of 0.34% sulphur content, it has been reported.
With the IMO 2020 regulation just round the corner, shipowners are mostly catching up on understanding fuel compatibility and operational issues, but the equally important legal aspects have been largely left unsaid.
An estimated 860,000 barrels per day (bpd) of bunker fuel demand will not be in compliant with the 0.5% sulphur content cap regulation set to be enforced from 2020, according to energy research consultant Rystad Energy.
Japan’s ClassNK has come out in support of the IMO 2020 regulation by developing a guidance on the use of 0.5% fuels and a sample implementation plan for switching to compliant fuels.
Twelve largest containerships at 23,000 teu ordered by Hyundai Merchant Marine (HMM) will be fitted with scrubbers, ahead of their expected deliveries in the second quarter of 2020.
UAE-based GP Global will make 0.5% sulphur content bunker fuel available from April this year to major ports including Fujairah, Singapore and the ARA region, in response to the upcoming IMO 2020 regulation.