Residual fuel oil volumes totalled 331,000 barrels per day in August, a decrease of 19.9% from July and 4.3% below August 2017.
Tests on samples from the ports of Ulsan, Yosu and Masan showed catfines values ranging between 80 to 90 mg/kg, exceeding the 60 mg/kg limit stipulated in ISO 8217:2017.
Bunkerspot Editor, Lesley Bankes-Hughes, considers a perennial point of contention in the maritime sector – the bunker adjustment factor. How will 2020 impact on this fuel cost recovery mechanism?
The industry alliance argues the ban, which would prohibit vessels without scrubbers from carrying fuel which exceeds the 2020 0.50% global sulphur limit, is a ‘fundamental tool for securing strong global enforcement’.
The facility at Stora Enso’s Nymölla paper mill in Sweden, to be built and operated by Gasum, will produce liquefied biogas to be used as a fuel for ferries, buses and trucks.
Innovate UK has granted £430,332 in funding to design and integrate a hydrogen diesel dual fuel injection system onboard the vessel, which will operate in the Orkney Islands.