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Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt throughout the value chain.
 
But there are still a number of things we don’t know.
 
Various options are available to shippers in order to comply and the marine fuels mix is set to change significantly. Switching to marine gasoil is easy, but it’s also the most expensive option. What alternative fuels do we expect will be the most popular as HSFO is phased out? In this webinar, Sushant Gupta, Research director, Asia Pacific refining and oils market, shares how shippers’ fuel choices will affect crude price differentials and what the implications are for refining economics.
 
Which upstream oil producing countries face the biggest impact?
We expect heavier sour crudes to fall in value relative to lighter sweeter grades. At first glance, it looks as though large upstream producers of sour crudes – like Saudi Arabia, Russia and Iraq – could take the biggest hit. But it’s not a simple as that.
So which region do we think stands to lose the most? Hear from Angus Rodger, Director of Upstream Research, on our 30-minute webinar. Simply fill in the form on this page.
 
What about LNG?
LNG bunkering is scaling up. We are seeing bigger players, bigger ships and bigger commitments emerging. LNG fuelled ship development is also accelerating. In 2018 there were nearly four times as many vessels equipped to use LNG, in comparison to 2013.
 
Expect price increases for bulk commodity shipping
Shipping costs for bulk commodities will increase, but the impact will vary. Listen to the webinar to hear how we expect ocean freight rates for thermal coal, iron ore and other commodities to rise.
Source: Wood Mackenzie


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Recent News

Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...


Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.    According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...


Monday, 24 June 19
KOMIPO INVITED BITUMINOUS COAL BIDS FOR BORYEONG & SHIN BORYEONG POWER PLANTS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 260,000 MT MT of min. 5700 NAR coal and 240,000 MT of min. 4,600 k ...


Sunday, 23 June 19
SUPRAMAX: A 56,000-DWT WAS FIXED FROM INDONESIA TO VIETNAM AT $10,000 - BALTIC BRIEFING
Capesize The story over the past week has been largely Atlantic dominated as the basin’s uniquely volatile characteristics came into play ...


Saturday, 22 June 19
OPEC'S BATTLE FOR CONTROL OF THE OIL MARKET - WOOD MACKENZIE
Oil supply is confounding expectations. We have just raised our forecasts for non-OPEC production, the latest in a series of incremental increases. ...


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