Bunker Fuel Asia 2020,

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#cmtbunker #cmtmarinefuels

11-12 Mar, 2020 - Singapore, SINGAPORE

  • Knowledge Partner
    20|20 Marine Energy
  • Promotion Partner
    biomassa.de
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    www.rim-intelligence.co.jp
  • Promotion Partner
    www.worldoils.com
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    www.refinerlink.com/
  • Promotion Partner
    www.petrofinder.com
  • Promotion Partner
    www.pellets-wood.com
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    www.actualidadmp.com
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    sudohodstvo.org
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    http://www.chemmarket.info/en/
  • Promotion Partner
    www.bunkerspot.com
  • Promotion Partner
    www.xindemarinenews.com

"Smooth Sailing through the IMO 2020 Storm?"


 

Two months after the 2020 deadline, has there been a smooth transition for shipping and the marine fuel supply chain?

Bunker Fuel Asia 2020 sets out to assess how the transition is progressing and how effective the supply chain has been in dealing with it.  We will update the supply situation 2020 compliant fuels in major ports, look at any issues with fuel quality, gain some early assessment as to compliance and enforcement and see if there have been unanticipated surprises.

Japan’s Cosmo Oil starts building IMO-compliant fuel stocks at Chiba ~ 10 Sept, Reuters

New MAN Guidance Identifies IMO2020 Marine Fuel Pitfalls 
~ 9 Sept, Ship & Bunker

Methanol as a marine fuel: the shipowner’s perspective 
~ 9 Sept, Riviera Maritime Media

MISC does not see ‘big shift’ due to IMO 2020  ~ 9 Sept, Lloyd’s List

Cheaper compliant fuel oil stalks gasoil’s lead in IMO 2020 switch
~ 7 Sept, Gulf Times

Euronav: Prepared For IMO 2020, Predicts Ample Supplies  Of Compliant Fuel Availability ~ 7 Sept, Seeking Alpha

Hong Kong bunker fuel supply to tighten further on HSFO  import cuts ahead of IMO 2020 ~ 29 Aug, S&P Global Platts

IMO2020: Freepoint Sees Singapore Bunker Supply Opportunity
~ 21 Aug, Ship & Bunker


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Confirmed Speakers from:
 

  • The China Navigation Co Pte Ltd
  • Sing Fuels Pte Ltd
  • Petro Summit Pte Ltd
  • Fratelli Cosulich Bunkers (S) Pte Ltd
  • 2020 Marine Energy
 

Highlights:
 

  • Assess the industry’s adaptiveness to IMO 2020 disruption, how smooth was the transition?
  • Availability of compliant fuels at major bunkering ports – any issues?
  • Have prices been impacted & What about the spreads between HSFO & VLSFO?
  • Quality & claims in the post 2020 era – compatibility & stability of VLSFO, what are the surveyors seeing?
  • Prospects for cost recovery & freight rates – are vessels recovering from the scrubber investments & are owners able to pass on costs of new fuels to shippers?  
  • Early assessment of economic impact & implications on trade flow/shipping demands
  • Has there been enough bunker credit to finance the new global supply chain?
  • Impacts on other elements of the supply chain, such as storage & barging
  • Looking ahead to GHG regulations & best fuel strategies for an uncertain future – what are the prospects for alternative fuels such as LNG?
  • Biggest surprises so far generated by IMO 2020
      


     

    News Feed

    Refiners building VLSFO stocks ahead of IMO mandate

    Posted on : 14 Nov, 2019

     
    With the International Maritime Organization (IMO) mandate that requires ships globally to reduce the sulfur content in their bunker fuel to 0.5% from the current 3.5%, coming into effect from January 2020, refineries worldwide are preparing to meet the new demand.
     
    Japanese refiner - Cosmo Oil has already started building stocks of very low-sulfur fuel oil (VLSFO) to be supplied to domestic marine fuel markets ahead of IMO 2020.
     
    Cosmo Oil is building the VLSFO stocks produced at its residue desulfurizer (RDS) unit in Chiba refinery near Tokyo.
     
    Analysts predict a higher demand for VLSFO while demand for alternative marine gasoil (MGO) may decline.
     
    To meet the IMO 2020 mandate, ships can also opt for adding sulfur-removing units, or scrubbers, onboard which will allow them to continue using cheap high-sulfur fuel oil (HSFO). Half of Cosmo Oil’s oil tankers under long term charter are fitted with scrubbers while the  rest will use VLSFO. The refiner plans to start switching to VLSFO and is in talks with suppliers for the same.
     
    Find out more about IMO mandate and its impact on marine industry at CMT’s Bunker Fuel Asia on 11-12 March 2020 in Singapore.
     
    Email Hafizah at hafizah@cmtsp.com.sg or call +65 68175744 for more details.