Bunker Fuel Asia 2020,

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#cmtbunker #cmtmarinefuels

 

04-05 Jun, 2020 - Singapore, SINGAPORE

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    20|20 Marine Energy
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"Smooth Sailing through the IMO 2020 Storm?"


 

Post IMO 2020 deadline, has there been a smooth transition for the shipping and marine fuel supply chain?

How Much Has IMO2020 Raised Bunker Prices?
~ 15 Jan, Ship & Bunker

IMO 2020 promises widespread disruption
~ 14 Jan, Petroleum Economist

China targets Singapore bunkering
~ 14 Jan, Petroleum Economist

Warning to shippers that IMO 2020 surcharges may be 'profiteering' by carriers
~ 10 Jan, The Load Star

IMO 2020 shipping-fuel rules face adoption, compliance and enforcement hurdles
~ 20 Dec, Hellenic Shipping News

CMT's Bunker Fuel Asia 2020 sets sail to weigh the transition to IMO mandate and the effectiveness of marine fuel supply chain. Supply of 2020 compliant fuels in major ports, fuel quality, early assessment of compliance and enforcement along with the possibility of unanticipated surprises - are some of the major discussion points at the summit.

The 1.5 days' agenda kicks-off in Singapore, world's largest bunkering hub on 4 - 5 June, with exciting and interactive discussions by senior industry stakeholders.  Shipowners are welcome to participate in this key and timely summit and discuss important issues arising from the IMO 2020 transition as well as the ensuing critical pain points. 

Contact hafizah@cmtsp.com.sg for more information on early bird discount and complimentary access for shipowners.


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Confirmed Speakers from:
 

  • 2020 Marine Energy
  • Petro Summit E & P Corporation
  • Sing Fuels Pte Ltd
  • Hafnia Management (BW Group)
  • Maersk Oil Trading Singapore Pte Ltd
  • The China Navigation Company
  • Lloyd's Register Asia (Singapore)
    - Lloyd's Register Energy
  • Rajah & Tann Singapore LLP
  • GP Global (Gulf Petrochem)
  • BHP Billiton Marketing Asia
 

Key Highlights & What to Expect at CMT's Bunker Fuel Asia 2020:
 

  • 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? 


 

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 in Singapore.
 
Email Hafizah at hafizah@cmtsp.com.sg or call +65 68175744 for more details.