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IHS Markit: 2020 low-sulfur requirements for marine bunker fuels causing scramble for refiners and shippers

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On 27 October 2016, the International Maritime Organization (IMO) announced that beginning on 1 January 2020, the maximum sulfur content allowed in marine bunker fuel will be reduced from 3.50% mass by mass (m/m) to 0.50% m/m (35,000 ppm to 5,000 ppm)—five years earlier than many expected. Earlier post.)

Mariner 150
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Survey finds LNG-fueled ship orders up 26% in six months

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Following a world survey of the marine industry, Zeus Development Corporation has identified 63 LNG-fueled ships in operation or under development, up from 48 units last December. On 6-7 June, Zeus will host an LNG-Fueled Marine Advancements meeting to present the survey, review trends and tour a new LNG-turbine propulsion system by GE.

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First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

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Opcon, in collaboration with Wallenius Marine, recently completed the first reference installation of its Waste Heat Recovery technology for ocean-going vessels in a project supported by the Swedish Energy Agency. Opcon Powerbox ORC Marine version. The gas expands over an expander, which drives a generator to produce electricity.

Waste 300
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IHS Markit: shippers, refiners scrambling to respond to IMO signals on low-sulfur fuel enforcement

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The level of compliance by shippers has been widely viewed as the one of the greatest uncertainties surrounding the implementation of the IMO’s new marine fuel regulations, and the compliance level has a significant weighting on projections for refined fuel prices, spreads and margins during the IMO 2020 disruption period,IHS Markit said.

Fuel 170
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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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Well-to-Propeller GHG emissions results for marine alternative fuels. These fuels are: liquefied natural gas (LNG); liquefied petroleum gas (LPG); methanol and ethanol; di-methyl ether (DME); synthetic fuels (Fischer-Tropsch); biodiesel; biogas; use of electricity for charging batteries and cold ironing; hydrogen; and nuclear.