Singapore Extends Compulsory Use of Flow Meters to Distillate Barges

By Roslan Khasawneh SINGAPORE, April 27 (Reuters) - Singapore will extend the mandatory use of mass-flow-meters to bunker barges delivering distillate fuels to large ships, the port authority said on Friday, ahead of an expected pick-up in the use of distillates to meet caps on sulphur content. Singapore, the world's largest marine refuelling hub, became the first port … [Read more...]

Singapore to Announce Mandatory Flow Meters for Bunkering Vessels -Source

By Roslan Khasawneh SINGAPORE, April 26 (Reuters) - Singapore's Maritime Port Authority (MPA) is set to announce it is making use of mass-flow-meters (MFM) mandatory onboard marine gasoil barges used to refuel large ships, two people with knowledge of the matter said. The announcement will be made at a gala dinner in the city state organised by the International Bunker … [Read more...]

Oil Traders Set Sights on High Seas as Diesel Renaissance Is Born

By Heesu Lee and Debjit Chakraborty (Bloomberg) -- It was only two years ago that the world’s biggest oil market was awash with diesel and profits from making the fuel cratered. Now the refined product is getting a new lease of life, and more demand is poised to emerge from the sea. With crude’s bull market being underpinned by diesel consumption, Asian refiners … [Read more...]

Shell Mulling Using German Refinery to Meet 2020 IMO Low Sulphur Fuel Rules

LONDON, Aug 4 (Reuters) - Royal Dutch Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping. In the past few days, Rheinland refinery representatives met local officials and environmental groups to present preliminary plans for an investment at the plant's … [Read more...]

OPEC Cuts Helping Fuel Oil Surge

By Conor Molumby (Bloomberg) -- All hail fuel oil, historically the cheapest, dirtiest and least-loved thing to come out of refineries. Thank crude output cuts by OPEC and its allies for the surprise ascendance of the product used to power ships and generate electricity. 1. OPEC Hits Supply of Fuel Oil-Rich Crudes OPEC’s influence on the oil market is perhaps most apparent in … [Read more...]