World News
Israel to Impose 0.10% Bunker Sulfur Limit in Ports From February
Thursday December 29, 2022
Israel's government is set to impose a 0.10% sulfur limit for ships at ports in its waters from early next year.
The new 0.10% sulfur limit will apply to all ships at Israeli ports and designated anchorage areas from February 23, insurance provider North said in a note on its website this week, citing information from Harpaz P&I.
The limit will require ships at Israeli ports to switch to 0.10% sulfur fuels like marine gasoil or run a scrubber, as is needed in areas of Northern Europe, the US and Canada where a regulation of this kind has already been imposed.
A 0.10% sulfur limit is also due to be introduced in the Mediterranean from May 2025 after the plan was adopted at the IMO earlier this month.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
Popular Now More
-
Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. -
Apr 24The arrests were both on Monday.