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New VPS Research Highlights Commercial Importance of Bunker Density Test Method Choice
New research conducted by Veritas Petroleum Services (VPS) to evaluate bunker fuel density testing standards has shown strong support for recent changes included in the latest ISO 8217:2017 specification, as well as density test method ISO 12185.
A discussion of the research and its results has been published today in the white paper Understanding Density Measurement of Bunker Fuels.
"These findings support the new ISO 8217:2017 Fuel Quality Standard where the density reference method for dispute resolution has now been changed to allow parties to agree upon the test method to be used," wrote Dr. Sunil Kumar, Laboratory Manager, VPS – Fujairah.
"In this context, and as conclusion to this research project, VPS would unequivocally recommend the density test method ISO 12185."
International test methods ISO 3675 and ASTM D 7042 were also evaluated as part of the research.
"Density is such a key commercial and technologically important parameter for marine fuels. Not only is accurate density measurement required to correctly determine the quantity of bunker fuel being delivered, it also has an influence on other properties such as ignition quality and specific energy of the fuel," Steve Bee, VPS Group Commercial & Business Development Director, told Ship & Bunker.
"This research also clearly shows the commercial importance for bunker buyers of working with a partner that has deep technical insight, and is another example of the value VPS provides its clients."
To read the white paper in full please click here.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.00 | 0.50 | 775.00 | 3.50 |
| Rotterdam | 603.50 | 1.50 | 759.50 | 11.50 |
| Houston | 626.50 | 2.50 | 794.00 | 2.00 |
| Fujairah | 649.00 | 0.50 | 904.50 | 6.50 |
| Global 20 Ports Average | 664.00 | 2.00 | 855.00 | 0.00 |
| Global 4 Ports Average | 632.00 | 1.00 | 808.00 | 4.00 |
| Global Average Bunker Price | 716.50 | 1.00 | 901.00 | 12.50 |
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