First Signs of IMO 2020 Starting to Rock the Oil Market
(Bloomberg) –They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery
(Bloomberg) –They may still be six months away, but new rules on marine fuels are already sending shock-waves through the little-known world of refinery
By Firat Kayakiran (Bloomberg) –The world’s oil refineries could have done more to be ready in time for new rules governing the kind of fuel that
By Alexander Whiteman (The Loadstar) – Carriers are failing to tackle greenhouse gases (GHGs) and sufficiently invest in the new technologies required to
By Jonathan Saul, Lisa Baertlein and Martinne Geller LONDON/LOS ANGELES, June 25 (Reuters) – U.S. furniture company RC Willey Home Furnishings is so
By Mike Wackett (The Loadstar) – The path to complying with the IMO’s 0.5% sulphur cap regulations on bunker fuel in six months’ time will be
By Jonathan Saul LONDON, June 18 (Reuters) – A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their
By Mike Wackett (The Loadstar) – The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap
By Erwin Seba HOUSTON, June 10 (Reuters) – Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very
By Victoria Klesty OSLO, June 5 (Reuters) – Chevron plans to bring an IMO-compliant 0.5% sulphur shipping fuel blend to the market by the end of the
By Stephen Cunningham (Bloomberg) — The U.S. Coast Guard expects ships to start switching over to cleaner burning fuels as soon as the fourth quarter to
By Serene Cheong and Sharon Cho (Bloomberg) — The global push for cleaner-burning ship fuel is threatening to drive the value of Middle East
By Ahmad Ghaddar AMSTERDAM, May 23 (Reuters) – Shipowners, who are facing one of the biggest changes in the oil industry in decades, are seeing more
By Jack Wittels and Ann Koh (Bloomberg) — Teams of drones are about to start policing the skies of some of the world’s busiest shipping ports. Their
The Norwegian Maritime Authority (NMA) has fined a Greek shipowner nearly $80,000 for violating a new law limiting the sulphur content of fuel used by ships
By Nina Chestney LONDON, May 17 (Reuters) – The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain
By Erwin Seba HOUSTON, May 16 (Reuters) – The marine industry’s January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships
By Serene Cheong and Alfred Cang (Bloomberg) — The world’s biggest offshore oil supermarket is stocking up for anti-pollution rules that
By Jack Wittels (Bloomberg) — Demand for the shipping industry’s main fuel is widely expected to collapse like never before in 2020, so it might come
Authorities in Denmark have deployed a large sulphur-sniffing drone to literally sniff out ships breaking EU rules governing the sulphur content of marine
By Stephen Cunningham (Bloomberg) — U.S. oil refiners, in line for a windfall from new ship-fuel rules, are taking steps to lock in the change quickly,
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