Tag: bunker fuel
New lower marine fuel sulfur standards causing scramble for refiners, shippers
Shipper, refiners did not make necessary capital investments and are unprepared for surprise 2020 compliance date The International Maritime Organization (IMO) recently confirmed that global refiners and shippers must comply with new regulations to reduce the sulfur content in marine bunker fuels by Jan. 2020, five years earlier than many expected, according to analysis from […]
North America can play bigger role in global marine bunker fuel market
North American refiners have opportunity to take larger share of global bunker market “In light of new marine fuel regulations in 2020, North America has the opportunity to take a much bigger role in the future global bunker market given its capabilities to be a major supplier of ultralow sulfur fuel oil (ULSFO) components and […]
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