
Josh Lowell
Senior Energy Analyst
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Shipping Decarbonization in the 2020s: Building Towards a Sustainable Future
03/02/2021 | Author: Josh Lowell
Emissions from international shipping are a key contributor to global climate change, with the International Maritime Organization (IMO) finding the sector responsible for approximately 2% of global emissions in 2018. Yet unlike the power generation sector, which can point to a host of low-emission technologies that make CO2 mitigation achievable in the short-term, the shipping […]
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Waiting on an IMO Diesel Spike
02/13/2020 | Author: Josh Lowell
One of the widely-held expectations concerning the International Maritime Organization’s (IMO) 2020 sulfur cap on marine fuels was that the price of gasoil/diesel would spike in the opening months of 2020, as demand for gasoil in the bunker market would strain existing supplies and push prices higher. Six weeks into the new regulatory regime and […]
Tags: diesel, IMO, IMO 2020, Middle Distillate -
Updated 2020 Bunker Forecast
10/02/2019 | Author: Josh Lowell
Back in March, ClipperData unveiled its first forecast for marine fuel demand between 2020 and 2025. In recent weeks, we have updated our projection ahead of the IMO’s forthcoming 0.5 percent sulfur cap. In our initial projection, we forecasted that shipowners in 2020 would retreat from high sulfur fuel oil (HSFO) and move to marine […]
Tags: bunker, fuel oil, IMO 2020, IMO2020, LNG, Middle Distillate, Shipping -
Market Signals Incentive to Shut FCCs Ahead of IMO 2020
07/22/2019 | Author: Josh Lowell
Uncertainty continues to surround the forthcoming IMO 2020 sulfur cap, even with a mere five and a half months to go before the January 1, 2020, start of the regulation. What will the makeup of marine fuel demand be after the sulfur cap goes into effect? Will compatibility concerns limit market appeal for low sulfur […]
Tags: bunker, ClipperBlog, fuel oil, gasoline, IMO 2020, LSFO, marine fuels, VGO -
IMO Toughens Up on Climate Change
06/04/2019 | Author: Josh Lowell
In an effort to tackle climate change, member states of the International Maritime Organization (IMO) have agreed to enact tougher carbon standards on newbuild ships two years earlier than planned. At the 74th meeting of the Marine Environmental Protection Committee (MEPC) in London last month, members drafted amendments to International Convention for the Prevention of […]
Tags: container shipping, containers, IMO, IMO 2020, IMO2020, Shipping -
ClipperData Forecasts IMO 2020
03/28/2019 | Author: Josh Lowell
ClipperData projects what the marine fuel market will look like following the IMO 2020.
Tags: bunker, fuel oil, IMO 2020, IMO2020, LNG, LSFO -
Container Lines Prepare for 2020
03/05/2019 | Author: Josh Lowell
Major container lines are facing higher costs due to an increase in expected bunker fuel prices from IMO 2020. To cover their costs, container lines are proposing Bunker Adjustment Factors (BAFs). BAFs are tariffs added to base freight rates that take into account changes in fuel prices, the major component of operating costs.
Tags: bunker, Bunker Adjustment Factor, fuel oil, IMO 2020 -
An IMO 2020 Holy Grail?
02/28/2019 | Author: Josh Lowell
A look at heavy-sweet crude flows ahead of IMO 2020
Tags: fuel oil, heavy sweet crude, IMO 2020