The Bunkerspot Update 30/10/2018

NOON REPORT

 

 

 

EUROPE: Full 0.50% sulphur marine fuel compliance not straightforward for Europe’s refiners

‘[IMO 2020] poses a big challenge for refiners: what do we do and how do we adapt – these are very tough questions,’ says Damien Valdenaire, Science Executive – Refining, CONCAWE.

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GLOBAL: Euronav still unpersuaded on scrubber adoption argument

‘Scrubbers are…a loophole which makes enforcement of the sulphur ban extremely complex, difficult to enforce and likely to facilitate non-compliance,’ says the tanker operator.

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AMERICAS: ICE launches Permian WTI crude oil futures deliverable in Houston

The ICE Permian WTI futures contract is designed to provide price discovery, settlement and delivery at Magellan Midstream Partners, L.P.’s terminal in East Houston.

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EUROPE: Baleària building gas-powered high-speed catamaran

The vessel, which is being constructed at the Armon shipyard in Gijón, will be powered by four Wärtsilä dual LNG/diesel engines, each delivering 8,800 kW.

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ASIA PACIFIC: ReCAAP warns of imminent threat of attack by Abu Sayyaf Group

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia says it has received information that 10 armed ASG members are planning kidnapping activities in Sabah.

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AMERICAS: Marathon inks agreement with IEnova for Topolobampo terminal capacity

The long-term terminal services agreement will allow Marathon Petroleum Corporation to use approximately 50% of the terminal’s initial capacity of 1 million barrels.

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