FEATURE: Singapore advances with concurrent bunkering but hurdles still remainSafety and risk of oil spill are major concerns.
Singapore bunker prices at year-to-date high despite lukewarm demand"Maybe people are just concerned about the possible congestion in loading terminals, which is likely to be temporary," a trader said.
Fuel oil market begins to experiment to produce 0.5% marine fuelsLow sulfur crudes, low sulfur straight run, gasoline and gasoil are some components.
Future of scrubbers still shrouded by dark clouds ahead of IMO 2020 rule"Scrubbers as a solution [to meet compliance to IMO's 2020 rule] is off the table for now," said Eastport Maritime's Mike Beviss.
BP reveals specifications for two possible 0.5% sulfur bunker blendsLittle information has so far emerged about refiners' plans for 0.5% sulfur marine fuels in 2020, despite growing concerns about their compatibility and stability.