Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Shipping

New ISO specs for IMO 2020 compliant fuel expected mid-2019: IMO official

Oil | Crude Oil | Oil Risk | Shipping | Marine Fuels | Tankers

Saudi shut-in after attacks, and an exploding scrubber: just another week in oil

Shipping

Platts Dirty Tankerwire

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Mediterranean Bunker Fuel Conference, 8th Annual

LNG | Natural Gas | Shipping | Tankers

Gastech: Golden Pass LNG could firm up post-investment decision offtake contracts

New ISO specs for IMO 2020 compliant fuel expected mid-2019: IMO official

Fujairah — New ISO standards for IMO 2020-compliant marine fuel are expected to be issued by ISO by the middle of 2019, Edmund Hughes, head of air pollution and energy efficiency at IMO, told delegates at Fujcon, a conference being held in Fujairah.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The ISO:8217 standards are used by the shipping industry when sourcing bunker fuel and cover a variety of parameters and specifications allowed in the fuel.

The current ISO:8217 standard covers marine fuels. The most commonly used is ISO:8217 RMG 380 CST which is for fuel oil with a 3.5% maximum sulfur fuel oil. IMO 2020 will cut the sulfur content allowed in marine fuel to a maximum of 0.5% sulfur, with implementation touted for January 1, 2020.

"Categorically there will be no delay in implementing this rule; I would urge [shipowners] to get ready now," Hughes said.

Hughes was bullish on the supply outlook for IMO-compliant fuel oil and said that the organization's forecasts look to be accurate.

"I'm pleased that some of the estimates we made are coming to fruition," Hughes said. "A lot of that analysis was done on predicting the demand and looking at supply expansions in Asia, for example."

But regulating ships and ensuring a high level of compliance will prove crucial to the sector, he said.

"There needs is a level playing field and certainty that if shipowners are spending money on compliant fuel oil that their competitors are also spending money," Hughes told delegates.

-- Miriam Malek, miriam.malek@spglobal.com

-- Edited by Wendy Wells, newsdesk@spglobal.com

Turning tides: The future of fuel oil after IMO 2020

This report provides a thorough introduction to the IMO's sulfur cap on marine fuel, its impact on markets and what to expect from the new regulatory framework.

Download the report