HK's OOCL plans transition to LSFO across entire fleet ahead of IMO 2020OOCL also planning a new mechanism for bunker charges as costs soar due to IMO 2020 rule.
Oil trading houses shun Iran, differ on price outlooks"Just the fact you are trying to avoid the US could be interpreted as a breach of sanctions," said Gunvor's Tornqvist.
INTERVIEW: VLSFO to be main marine fuel choice as IMO 2020 looms: Cockett Group CEOThe bunker industry is also ripe for consolidation, partly due to the 2020 rule.
Hapag-Lloyd announces new mechanism for bunker charges as IMO 2020 loomsMFR is based on a formula that combines consumption with market prices for fuel oils.
FEATURE: Forward paper derivatives shine some light on HSFO's value post IMO 2020The value of crude in 2020 would be an influential factor in determining the competitiveness of HSFO.