Idemitsu, Showa Shell complete measures for IMO regulations ahead of mergerThe companies have done so by promoting bottoms or residuals reduction throughout the entire group, the companies said jointly.
Asia's 2019 term gasoil negotiations to consider several factorsCompounding the talks would be the rise in gasoil supply from greenfield refineries across Asia and Middle East.
HK's OOCL plans transition to LSFO across entire fleet ahead of IMO 2020OOCL also planning a new mechanism for bunker charges as costs soar due to IMO 2020 rule.
Oil trading houses shun Iran, differ on price outlooks"Just the fact you are trying to avoid the US could be interpreted as a breach of sanctions," said Gunvor's Tornqvist.
INTERVIEW: VLSFO to be main marine fuel choice as IMO 2020 looms: Cockett Group CEOThe bunker industry is also ripe for consolidation, partly due to the 2020 rule.