New Fuel Additive from NYK, Nippon Yuka Kogyo Aims to Reduce Sludge in VLSFO
NYK and Nippon Yuka Kogyo Co., Ltd., an NYK Group company, have jointly developed a new fuel-oil additive effective in dispersing sludge and reducing fuel consumption in VLSFO.NYK and Nippon Yuka Kogyo have been investigating the properties of VLSFO as one of the measures to comply with SOx emission requirements, and in 2019 developed the sludge-dispersing fuel oil additive…
Euronav to Store Low-Sulfur Oil
The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans. In aggregate the purchase value of very low sulfur fuel oil (VLSFO) has been at $447 per metric ton compared to a bunker price (HFO-3.5% Sulfur content) of $400 per metric ton over the same procurement period.According to the Belgium shipping company…
Bunker Delivery Note Amendments Enter into Force
Amendments to the bunker delivery note relating to the supply of marine fuel oil to ships which have fitted alternative mechanisms to address sulphur emission requirements entered into force on 1 January 2019.According to a press release from International Maritime Organization (IMO), the amendment enters into force as the shipping industry counts down to 1 January 2020…
Carriage Ban Adopted to Implement Sulphur 2020 Limit
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Maritime Organization (IMO) on Friday (26 October), during the current session of the Marine Environment Protection Committee (MEPC 73).The new 0.50% limit (reduced from 3.50% currently) on sulphur in ships' fuel oil will be in force from 1 January 2020…
Maritime Rule Change Stirs Fears of Diesel Shortage: Kemp
The International Maritime Organization (IMO) has so far resisted pressure to soften or postpone the implementation of new regulations requiring ships to use bunker fuels with a lower sulphur content from the start of 2020.That has prompted warnings from some analysts that the regulations will squeeze the availability of low-sulphur diesel and jet kerosene required by trucks…
