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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, 04 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
Dry bulk freight rates rebounded last week, a development that came as a relief following the recent negative sentiment that prevailed in the marke ...


Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as sup ...


Tuesday, 03 December 19
STABILITY AND COMPATIBILITY OF VERY LOW SULPHUR FUEL OILS - GARD
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics ...


Monday, 02 December 19
COAL PRODUCTION IN INDIA UP BY 164.58 MT IN 5 YEARS - BUSINESS LINE
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Aff ...


Monday, 02 December 19
OPEC PREPS FOR OIL'S 2020 BALANCING ACT - WOOD MACKENZIE
What steps should OPEC and its non-OPEC partners take to keep the market in balance in 2020? Ahead of OPEC’s meeting in Vienna on 5 and 6 Dec ...


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