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2020 sulphur cap

News related to the 2020 sulphur cap

The forthcoming implementation of the IMO-2020 appears to have increased the market awareness in regards with the problems arising from the archaic processes of the bunker market. As a result, IMO is recently called to introduce tighter regulation on bunker suppliers in an effort to avoid malpractices...
Exciting to learn that MOT is now one of the world's biggest physical suppliers. By supplying both the Maersk in-house fleet and 3rd party customers MOT is quickly rising to the top of the physical supplier board. It has been announced that Maersk is fitting Mass Flow Meters on the chartered...
Auramarine, an expert of fuel supply systems for the marine industry, has launched a 'Get Ready for 2020' initiative to help shipowners manage the operational impact of new 0.5% sulfur fuels and mitigate the risk of potential costly engine failures and ships' downtime. As...
During a recent MARE Shipping Forum which took place in Singapore, Douglas Raitt, regional manager of Lloyd's Register Asia, has spoken about some of the uncertainties and challenges that the bunkering industry might face post 2020. Such opinion becomes really interesting if we consider that Lloyd’s Register...
The IMO’s 2020 regulation, which will come into force in less than 5 months, is going to bring the most considerable change in the shipping industry since the change from coal to oil fuel. Furthermore, it will definitely reshape the complex bunker fuel supply chain as new...
GB Global, the Dubai-based company with bunkering operations in the Middle East, Indian Subcontinent, Far East and Europe, is expanding its international network while getting prepared to adopt the new IMO sulfur requirements prior to the agreed deadline. In order to be able...
The IMO’s low sulfur fuel regulation has caused a lot of debates among the players of the fuel supply chain. Most of the shipowners, ship-managers and charterers have reacted with skepticism and criticism due to the structural changes that the new regulations will bring to the -already...
Since the insolvency of OW Bunker in 2014, a massive number of lawsuits have been taken to US courts. However, as a result of the unclear agreements used between the parties and the obsolete transaction practices which were followed, all these legal cases are winding down.
The IMO-2020 rules have not yet come into force however, according to Gard P&I Club, more than 100 claims related to this regulation have already reached the Club’s desks. Amid a cloudy environment, where shipowners are still worried about possible fuel quality and compatibility...
When the IMO-2020 regulations come into force, cost of compliant fuel will rise. Unless they have equipped their vessels with scrubbers, clients will need to pay a much higher price in order to buy today’s equivalent quantity of new fuels. Therefore, larger credit facilities will also be...