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05 April 2020 The on-line newspaper devoted to the world of transports 01:55 GMT+2

January 23, 2020

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IBIA, the transition to IMO-compliant naval fuels 2020 is being implemented in a 'surprisingly regular' way

According to the association, any problems were avoided thanks to the prior planning by the operators

The International Bunker Industry Association (IBIA), organization that represents the operators that are part of the supply chain and consumption of naval fuels, led to in recent days a series of meetings in Copenhagen with representatives of shipping companies and shipping companies bunkering in order to assess the impact on the transition to the new ones agreed at the International Maritime Organization (IMO) which they have introduced since January 1st a maximum limit of 0.50% of sulphur content in fuels Naval. The outcome of these talks is that "everyone - IBIA - have signalled a transition surprisingly regular."

The association specified that another common element in the results are that all operators have started plan and prepare for the transition to IMO 2020 standards at least two years ago by making sure that their suppliers were able to fuel. The association clarified that "in general ship owners and operators as well as suppliers of bunkers that IBIA encountered 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 rise in the price of vLSFO fuel at very low sulfur content, whose level reached in January and also exceeded the price of MGO marine diesel in world 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.

As for the quality of the bunker, the talks revealed operators have not had any problems due to a lack of fuel stability or fuel mixing Incompatible. One of the concerns expressed most frequent by operators was rather how to manage fuel test results indicating a sulfur content slightly above 0.50%, problem - noted the association -- which lies mainly in the difference between interpretation of the commercial bunker supply contract precision of fuel tests and sulphur testing procedures adopted by the authorities to obtain fuel samples and verify compliance which are included in Exhibit VI of the International Convention Marpol approved by the IMO. In this regard, the IBIA explained that it have provided clarification to their associates.

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