Bunker vessels that handle heavy fuel oil (HFO) have already started cleaning their tanks in preparation for IMO 2020, meaning that high sulphur fuel is already decreasing in availability according to ADNOC Logistics & Services, while the debate...

Japan’s refiner Cosmo Oil has confirmed that it is stockpiling very low sulphur fuel oil (VLSFO) for supply to the domestic marine fuel market from October, ahead of IMO 2020, reports said.

Shipowners and operators are urged to immediately execute their respective Ship Implementation Plan (SIP) to prepare for the 2020 fuel sulphur regulation which is less than four months away.

Tanker owner Euronav has been stockpiling low sulphur compliant fuel ahead of the IMO 2020 switchover and has changed its stance on scrubbers.

Bunker supplier Monjasa has bought five tankers to secure tonnage ahead of the implementation of IMO 2020 at the start of next year.

ExxonMobil’s new 40BN cylinder oil for use with 0.5% low sulphur fuels will be available at key ports from September ahead of IMO 2020.

Finland’s refiner Neste has responded to IMO 2020 by announcing that it will offer compliant 0.5% sulphur content marine fuels during the fourth quarter of 2019.

Record keeping will be key for shipowners to demonstrate compliance or explain non-compliance with the IMO 2020 sulphur cap says North P&I.

The global tanker shipping market may face “greater inefficiencies” in terms of having available tonnage as the IMO 2020 deadline draws near, due mainly to vessels being taken out to install scrubbers, according to Diamond S Shipping.

Physical bunker supplier Peninsula Petroleum has boosted its overall liquidity by $150m after renewing its European receivables finance facility.