Independent journal on economy and transport policy
21:37 GMT+1
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IBIA, the transition to IMO 2020-compliant naval fuels is taking place in a 'surprisingly regular' manner
According to the association, any problems were avoided thanks to prior planning by the operators
January 23, 2020
The association specified that another common element in feedback is that all the operators have started to plan and prepare for the transition to IMO 2020 rules at least two years ago making sure that their suppliers were able to procure compliant fuel. The association clarified that "in general owners and operators of ships as well as suppliers of bunkers that IBIA met in Copenhagen didn't have big problems with the availability of compliant fuel, although deficiencies have been found in some regions.'
In addition, the IBIA has disclosed that the interlocutors have a sharp increase in the price of very low VLSFO fuel sulfur content, the level of which in January reached and even exceeded the price of MGO marine diesel in global ports important for the supply of bunkers like the one in Singapore, but pointed out that, however, this distortion of the market will be short-lived.
About the quality of the bunker, the interviews revealed operators had no problems due to a shortage of stability of fuels or fuel mixing Incompatible. One of the concerns expressed more than frequent by the operators was rather that of how to manage fuel test results indicating a sulfur content slightly higher than 0.50%, a problem - noted the association - which mainly lies in the difference between interpretation of the commercial bunker supply contract accuracy of fuel and fuel tests sulphur content verification procedures adopted by the authorities to obtain samples of the fuel and verify its compliance which are included in Exhibit VI of the International Convention Marpol approved by the IMO. In this regard, the IBIA explained that provided clarifications to their associates.
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The association specified that another common element in feedback is that all the operators have started to plan and prepare for the transition to IMO 2020 rules at least two years ago making sure that their suppliers were able to procure compliant fuel. The association clarified that "in general owners and operators of ships as well as suppliers of bunkers that IBIA met in Copenhagen didn't have big problems with the availability of compliant fuel, although deficiencies have been found in some regions.'
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
