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US Base Oil Exports Shrug Off Falling European Car Sales
Exxon Mobil’s Group II base oils refinery opening in Rotterdam and declining car sales in Europe has had little impact on US flows of base oil volumes into Northwest Europe during the first half of this year. The first six months of 2019 saw 358,982 tons of base oils arrive into Northwest Europe from the […]
Tags: automobile, base oils, IMO 2020, vehicles -
Hapag-Lloyd Hedging its Bets for IMO 2020
Global container line Hapag-Lloyd will comply with the upcoming 0.5%S cap through a combination of compliant fuels, employing scrubbers and by using liquefied natural gas. The container line’s primary method of compliance with the International Maritime Organization’s sulfur cap will be 0.5 percent low sulfur fuels, while scrubbers and LNG will be run on a […]
Tags: bunker fuel, fuel oil, IMO 2020, scrubbers, sulfur -
Market Signals Incentive to Shut FCCs Ahead of IMO 2020
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 -
Beyond 2020: Pyrolysis Fuel Oil Exports From Taiwan’s Formosa Gaining Popularity
As the market sped up preparations for 0.5%S bunker fuel ahead of the IMO sulfur cap, Formosa Petrochemical Corporation (FPCC) of Taiwan has started to see demand for its pyrolysis fuel oil (PFO) export.
Tags: bunker fuel, fuel oil, IMO 2020 -
Beyond 2020 – In the Markets: Eramet Awards Shell One-Year Fuel Oil Supply Contract
Following a tender, Paris-based Eramet awarded Shell International Eastern Trading Company a one-year contract to supply 0.7%S and 2%S fuel oil to its subsidiary, New Caledonian nickel producer Société Le Nickel (SLN) starting September 1.
Tags: fuel, IMO 2020 -
Beyond 2020: In the Markets – Karadeniz Powership Again Weighing Transition to Natural Gas
Ghana’s National Petroleum Corporation (GNPC) is weighing a change in the fuel diet of the 480 megawatt MV Osman Khan powership.
Tags: fuel, IMO 2020 -
Beyond 2020: In the Markets – The Great Eastern Shipping Company of India to Start Scheduled Fuel Tank Cleaning
Starting in June, The Great Eastern Shipping Company Limited, based in Mumbai, India, scheduled fuel tank cleanings for vessels that have not installed scrubbers to ensure safe and cost-efficient fuel switchover ahead of the IMO sulfur cap.
Tags: fuel, IMO 2020, India, Mumbai, scrubbers, Shipping -
Beyond 2020: In the Markets – Frontera Energy to Market Two Grades of Colombian Vasconia Crude in 2020
Looking for new opportunities for Colombian medium-sour crude oil post 2020, Frontera Energy plans to segregate its current Vasconia stream into sweet and sour grades for two niche markets.
Tags: crude, IMO 2020, sour, sweet crude -
Beyond 2020: In 2020 – Istanbul Bunker Supplies Without 0.5%S Fuel Oil
With less than six months to go before the upcoming IMO 2020 sulfur cap deadline, Istanbul bunker suppliers are still unable to offer 0.5 percent bunker product to customers.
Tags: IMO 2020, Istanbul -
Beyond 2020: ClipperView 2H 2019 – Preparing for IMO 2020
In June, ClipperData presented its latest six-month proprietary outlook at a series of events around the world, called ClipperView. This issue’s “In Perspective” will discuss four key themes that were presented, refreshed with the latest available data.
Tags: ClipperView, IMO 2020