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Wednesday, 12 June 19
IMO 2020 - COUNTDOWN TO 1 JANUARY 2020 -HOW WILL THE CHANGES AFFECT REFINING AND SHIPPING? - WOOD MACKENZIE
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt throughout the value chain.
 
But there are still a number of things we don’t know.
 
Various options are available to shippers in order to comply and the marine fuels mix is set to change significantly. Switching to marine gasoil is easy, but it’s also the most expensive option. What alternative fuels do we expect will be the most popular as HSFO is phased out? In this webinar, Sushant Gupta, Research director, Asia Pacific refining and oils market, shares how shippers’ fuel choices will affect crude price differentials and what the implications are for refining economics.
 
Which upstream oil producing countries face the biggest impact?
We expect heavier sour crudes to fall in value relative to lighter sweeter grades. At first glance, it looks as though large upstream producers of sour crudes – like Saudi Arabia, Russia and Iraq – could take the biggest hit. But it’s not a simple as that.
So which region do we think stands to lose the most? Hear from Angus Rodger, Director of Upstream Research, on our 30-minute webinar. Simply fill in the form on this page.
 
What about LNG?
LNG bunkering is scaling up. We are seeing bigger players, bigger ships and bigger commitments emerging. LNG fuelled ship development is also accelerating. In 2018 there were nearly four times as many vessels equipped to use LNG, in comparison to 2013.
 
Expect price increases for bulk commodity shipping
Shipping costs for bulk commodities will increase, but the impact will vary. Listen to the webinar to hear how we expect ocean freight rates for thermal coal, iron ore and other commodities to rise.
Source: Wood Mackenzie


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Recent News

Tuesday, 22 January 19
AUSTRALIA'S YANCOAL PRODUCED 50 MMT SALEABLE COAL IN 2018 UP 59 PER CENT ON THE YEAR PRIOR, THE QUARTERLY REPORT SHOWS
According to the report, the miner's quarterly (Q4' 18) saleable coal production of 12.4 Mmt. Includes 10.5 Mmt (85 per cent) from the Comp ...


Monday, 21 January 19
KOSPO INVITING BIDS FOR 320K MT OF LOW CALORIFIC VALUE COAL
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 3,800 kcal/kg NCV low calo ...


Monday, 21 January 19
SUPRAMAX: INDONESIAN COAL RUNS, TONNAGE WAS GIVING APS DELIVERIES AND A 57,000DWT SHIP FIXED AT $7,000 FOR A TRIP TO WEST COAST INDIA - BALTIC BRIEFING
Capesize  A positive end to a week that saw rates on the West Australia/China run slip below $6.00, as charterers faced a plentiful supply ...


Monday, 21 January 19
HARD COAL WORLD TRADE IN 2018 RISES BY 3.7 PER CENT; GLOBAL HARD COAL PRODUCTION INCREASES BY 1.7 PER CENT - VDKI
Global Hard Coal Production Increases By 1.7%.   According to provisional calculations by the German Coal Importer Association (VDKi), ...


Sunday, 20 January 19
OIL MARKET REPORT: A MARATHON, NOT A SPRINT - IEA
Last month, we asked if there was a floor under prices following the signing of a new Vienna Agreement that aims to re-balance the oil market. Foll ...


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