Viva Energy Australia has announced the commercial launch of its very low sulphur fuel oil (VLSFO) in response to the upcoming IMO 2020 global regulation.
With IMO2020 just over two months away fuel supply networks are already being stretched by preparations for the switchover to low sulphur fuel with inefficiencies emerging, according to senior industry executives.
S-Oil, South Korea’s third largest refiner, is anticipating improved refining margins in the region for the fourth quarter, ahead of the IMO 2020 global fuel sulphur regulation.
China’s state-owned bunker supplier Chimbusco revealed that it has secured at least 4m tonnes of very low sulphur fuel oil (VLSFO) and started initial supplies to all major Chinese ports from bonded storage, ahead of IMO 2020, reports said.
China’s state-owned bunker supplier Chimbusco revealed that it has secured at least 4m tonnes of very low sulphur fuel oil (VLSFO) and started initial supplies to all major Chinese ports from bonded storage, ahead of IMO 2020, reports said.
An IMO 2020 survey by Palau International Ship Registry (PISR) provides insight into the readiness of smaller owners for the sulphur cap with some 22% saying there is no way they can comply.
With less than three months go until IMO 2020 comes into force availability of supply and quality of compliant low sulphur fuels remains a top concern for Intercargo.
As the global shipping industry prepares for the arrival of the global sulphur cap in January 2020, the operation of ships in a multi-fuel future is a fast approaching reality.
