In this list
Shipping

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

Commodities | Electricity | Energy | Emissions | Energy Transition | Natural Gas | Oil | Crude Oil | Refined Products | Metals | Steel | Shipping | Containers | Coronavirus | ESG

Market Movers Europe, Jun 21-25: EU steel import safeguards and German climate laws in focus

Shipping | Marine Fuels

Platts Bunkerworld

Shipping | Energy | Coronavirus | Agriculture | Metals

Asia Pacific Shipping Forum

Bunker Fuel | Oil | Refined Products | Fuel Oil | Gasoline | Jet Fuel | Naphtha | Petrochemicals | Aromatics | Shipping | Marine Fuels

FUJAIRAH DATA: Oil product stocks fall as light distillate volumes plunge 24%

Energy | Electric Power | Renewables

Insight Conversation: Toby Ferenczi, founder, EnergyTag

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