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VLSFO premium of USD 200/tonne increases scrubber advantage

31 March 2022

The spread between very-low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) has widened following Russia's invasion of Ukraine. The HSFO price, however, could rise if Russian volumes coming into the market start declining due to sanctions.

BIMCO publishes interpretation of discord between fuel oil samples

23 December 2019

As 1 January 2020 approaches and the sulphur regulation from the International Maritime Organization (IMO) comes into force, BIMCO is experiencing an increase in questions related to the discord between the verification produces for statutory fuel oil samples and commercial fuel oil samples.

Why 1 March is your real deadline

07 October 2019

The carriage ban that comes into force on 1 March 2020 will quickly make the challenges of the 1 January 2020 sulphur limit fade, according to BIMCO’s Deputy Secretary General, Lars Robert Pedersen. When the ban kicks in, covering the basics or reaching for the Fuel Oil Non-availability Report (FONAR) will no longer be enough.