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January, 2020
Date	Headline	Image
Thu23Jan	BNP Paribas, Credit Suisse Join Shipping Lending Agreement the Poseidon Principles BNP Paribas is the largest lender to the global shipping industry.
Wed22Jan	Kitack Lim Hails 'Relatively Smooth' IMO 2020 Transition Only 10 cases of non-availability of compliant fuels have been reported to the IMO so far.
Mon20Jan	IMO 2050 Decarbonisation to Cost $1.1 Trillion Some 87% of the cost will be taken up by investments on land.
Thu16Jan	FEATURE: Roaring 2020s Seem Uncertain Prospect for Bunker Industry After Turbulent 2019 Credit issues related to IMO 2020 are set to be the biggest challenge this year.
Thu16Jan	European Parliament Calls for "Urgent Investment" into Shipping Decarbonisation The legislative body also welcomed shipping's inclusion in the EU's emissions trading scheme.
Thu16Jan	Trafigura Calls for Slow Steaming Regulations to Cut Shipping's GHG Emissions The oil trader supports slow steaming regulations and carbon pricing for shipping to reduce emissions.
Thu09Jan	Port of Rotterdam Calls for Shipping's Inclusion in EU ETS if IMO Plans Lack Ambition The IMO's initial strategy on greenhouse gas emissions reduction is set to be revised by 2023.
Tue07Jan	Bomin's Paul Millar Sees Potential 20% Drop in Bunker Traders Operating by End-2020 Millar sees IMO 2020 driving some companies out of business, while mergers and acqusitions may hit others.
Tue07Jan	Bimco Suggests IMO 2030 Carbon Reduction Target Should be Toughened The IMO's initial strategy on GHG emissions reduction envisages a cut of at least 40% to carbon emissions per transport work by 2030.
Mon06Jan	Japan's "K" Line Says LNG Not Enough to Meet IMO 2030 Carbon Target The shipping firm's CEO highlighted environmental challenges in a New Year message to employees.

Showing 1-10 of 50 latest articles

23Jan

1FEATURE: VLSFOs - The Concerning Fuel Management Issues So Far....

VPS gives background and presents three real-world case studies where ships have encountered problem VLSFO fuel.
22Jan

2FEATURE: The Growing Problem of IMO 2020 VLSFO Bunkers With Marginally Off-Spec Sulfur

Are shipowners overreacting, or suppliers shirking obligation?
24Jan

3V-TIC Insight: The Rise of Additive Companies to Meet the VLSFO Challenge

As the fuels are changing, so too are customer strategies to deal with these new scenarios.
22Jan

4VLSFOs: High Level of Bunker Alerts Relating to Sediment Issues

Between 24th December 2019 and 21st January 2020, VPS has issued seven Bunker Alerts relating to sediment issues within VLSFO fuels.
21Jan

5Dutch Shipowner Orders Quick Install, Pre-Fabricated Scrubber Model

Value Maritime claims its scrubbers come with an installation time of as little as seven days.
17Jan

6The Switch to IMO 2020 Bunker Fuels: So Far, So Good?

Despite earlier fears, widespread problems with new 0.50% sulfur VLSFO fuels have so far failed to materialize.
24Jan

7Coronavirus May Cause 'Short-Term Headwinds' for Tanker Market: Analyst

The consultancy cited the SARS epidemic in 2003 in analysing the potential impact on the tanker market if the virus spreads further.
23Jan

8Eagle Bulk Sees Increase in Advance Notice Needed for HSFO Stems

The company now warns suppliers seven to ten days in advance when it needs HSFO.
23Jan

9Maersk Hikes BAF on Rising VLSFO Prices

The rate increased will be communicated by the end of January and will come into effect on 1 March.
20Jan

10Libyan Crude Blockade May Raise Mediterranean VLSFO Prices

The sudden absence of 1 million b/d of sweet crude in the Mediterranean would have a sharp knock-on effect on VLSFO prices in the region.

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