06 August 2019
Join 150 market representatives at the 39th Argus Fuel Oil Summit taking place in Miami this October. The deadline for IMO 2020 is quickly approaching and the industry is bracing for change. You can network with senior representatives across the fuel oil supply chain and understand how to best prepare your business for the first year of compliance.
06 April 2018
The International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC 72) will meet next week, where a prohibition on the carriage of non-compliant fuel oil with a sulphur content exceeding 0.50% is on the agenda.
25 September 2019
Join Peter Sand at the Argus Fuel Oil Summit in Miami, Florida, US. The Chief Shipping Analyst will be participating in the panel discussion: 2020 is rapidly approaching – are shipowners prepared?
19 June 2019
The 101st session of the IMO’s Maritime Safety Committee (MSC 101) has held initial discussions in London on how to address the safety of ships when using fuel oil.
07 November 2019
The oil market has recently been shaken up by geopolitical events, but volatility in the price difference between low and high sulphur fuel cannot be explained by that alone – the uncertainty is the chaos factor.
01 March 2019
Cristan Evans is a partner at Stephenson Harwood LLP and specialises in the resolution of shipping and trade disputes. He provides practical, commercial advice with the aim of resolving the most complex disputes in an efficient and cost-effective manner.
Cristan acts for shipowners, charterers, cargo interests and their insurers in disputes arising under charterparties, bills of lading and contracts of affreightment. He has acted in Court proceedings and in arbitrations conducted under the LMAA, UNCITRAL, LCIA, FOSFA and GAFTA rules.
An experienced commodities lawyer, Cristan also acts in sale contract disputes for buyers and sellers involving commodities such as petroleum products, coal, vegetable oils/oil seeds and biofuels.
20 August 2019
Use of fuel:
As provided by the directive 1999/32/ce as amended by directive 2005/33/ce of the european parliament and as per italian law too, we would draw your kind attention to the following: as from jan. 1st 2010 any vessel, in EC port or within the italian territorial waters using marine gasoil, are under the obligation to use, fuels with a percentage of sulphur less than0,10%. by mass (while at anchorage, in port, at berth). Vsl to have on board sample of fuels supplied and relative delivery receipt showing the percentage of sulphur. Harbour Master reserves his rights to perform inspections on board the vessel to ascertain the quantity of sulphur and in case the percentage will exceed the 0,10%, the Master or owners could be fined from minimum 15.000 euro to maximum 150.000 euro.
18 July 2018
The 2020 0.50% sulphur limit for fuel oil used outside emission control areas will undoubtedly create operational issues for crews onboard ships. The International Organization for Standardization (ISO) has now issued a letter in this regard rebutting these claims.
06 July 2018
The safety challenges connected with the implementation of the 0.50% sulphur cap are numerous, but not insurmountable. The issues are to some extent known from the implementation of the sulphur emission control areas (SECA) in 2015, among others loss of power, leaking fuel and lower flashpoints. Other issues have to be managed by digging out the experience from the 1980’s with very bad fuel oil quality e.g. instability and incompatibility.
07 December 2017
A year before IMO launches it's data collection system (DCS) in 2019, the Maritime and Port Authorities of Singapore (MPA Singapore) has started a voluntary data collection of fuel oil consumption.