With the implementation of International Maritime Organization Low Sulphur Regulation (or IMO 2020), concerns keep on growing amid recently announced bunker adjustment factors by carriers and the apparently far-from-enough low-sulphur output from...
India’s Hindustan Petroleum Corporation Limited (HPCL) has announced that it has made available its supply of IMO 2020 compliant bunker fuel for the shipping industry.
With IMO 2020 less than 24 hours away from coming into force owners with scrubbers look likely to be quids up while, those needing to buy compliant fuel on the spot market face high prices, according to analysts.
Leading Chinese marine fuel suppliers Chimbusco, PetroChina and Sinopec Corp have penned agreements to procure very low sulphur fuel oil (VLSFO) from international companies including Shell in preparation for IMO 2020.
It’s been one of the most hotly debated questions of the last 18 – 24 months in shipping – whether or not to invest in scrubbers to comply with the IMO 2020 global low sulphur cap for marine fuel.
South Korea’s SK Chemicals has started tests on blending biodiesel with petroleum-based fuels to create low sulphur fuel oil (LSFO) for shipping, in view of the upcoming IMO 2020 regulation.
The Philippines’ domestic shipowners may not be ready to comply with the upcoming IMO 2020 global regulation, according to the Filipino Shipowners Association (FSA).