Singapore, the world’s busiest port by shipping tonnage, has reported a high level of compliance with IMO 2020 regulation with just two vessels detained for using non-compliant fuel in the first quarter of the year.
China’s state-owned oil firm Sinopec has confirmed that its Guangzhou refinery has started producing very low sulphur fuel oil (VLSFO) for the shipping market.
Container lines are facing growing pressure to standardise surcharges, which have become ever more complicated with the introduction of IMO 2020, a report by Alix Partners highlights.
Sinopec QiLu Petrochemical Company has delivered its first batch of low sulphur marine heavy fuel oil to Bingang liquid chemical terminal at Longkou port in Shandong.
In the wake of IMO 2020, the Chinese New Year and the coronavirus, the more than usual uncertainty has generated rough sailing throughout all sectors of shipping.
