Get the latest insight and interviews in the December edition of BIMCO’s Bulletin magazine.
Bunker prices will rise, regardless of type, at 2020 start – MABUX
As the IMO sulphur regulation date nears, availability of the new, very low-sulphur fuel oil is moving in the right direction – although too slowly – high-sulphur fuel oil inventories are shrinking globally at ports, and demand for marine gas oil is about to rise significantly. Marine Bunker Exchange (MABUX) outlines what it expects in the first three months of the year.
High-sulphur fuel stocks drop at ports for ships with scrubbers
The number of ports at which high-sulphur fuel oil (HSFO) is offered is reducing and could be limited for ships equipped with scrubbers in the first months after 1 January 2020, when the IMO sulphur regulation takes effect, according to Marine Bunker Exchange (MABUX).
Paris MoU Port State Control aims for harmonisation, recognises challenges
The Paris MoU on Port State Control aims to harmonise inspections and their outcome under the new IMO sulphur regulation. However, a number of factors will make it challenging. Carien Droppers at Paris MoU on Port State Control is asked what to expect.
Maersk: what cyber attacks look like today – and what’s coming
Cyber attacks sponsored by state nations, blackmail and the targeting of operational technology for hijacking – the cyber security threat has changed significantly since the NotPetya attack hit A.P. Moller-Maersk in 2017. The group’s Chief Information Security Officer, Andy Powell, tells the Bulletin what the threats look like today and what is coming.
In addition, read the latest market analysis from BIMCO’s Shipping Market Analysts, get advice from A.P. Moller-Maersk on How to prepare your company for a cyber attack and read why 2020 freight rate negotiations will be as tough as necessary and much more.
Follow the links above to read the articles and interviews or download the BIMCO Bulletin Magazine app and enjoy the articles on your favourite mobile device.
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
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