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Bunkerspot April / May 2016

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5 Apr 2016  

MEBC Report: Sanctions

The lifting of certain US and EU sanctions against Iran continues to provide food for thought for the bunker industry and its legal advisers. Daniel Martin of Holman Fenwick Willan and Patrick Murphy of Clyde & Co. review a trading landscape that remains complex and challenging.

What is permissible in doing business with Iran remains a legal quagmire, explains Steve Simms of Simms Showers.

MEBC Report: The Global Sulphur Cap

An IMO-commissioned report on the availability of 0.5% sulphur fuel in 2020 will be delivered in May. Robin Meech and Chris Turner outline the challenges and uncertainties facing the maritime industry in preparing for the global sulphur cap.

Legal Issues

The issue of counterparty default has come under close scrutiny following recent high profile bankruptcies in the bunker industry. James Kennedy of Clyde & Co. considers some of
measures that suppliers and shipowners can adopt to protect their respective positions.

M. Hakan Tüfekçi of Yalçın & Toygar & Tüfekçi considers how changes to the vessel arrest regime in the revised Turkish Commercial Code have been interpreted in case law.

Financial Issues

Low oil prices can be good news for some businesses but there can be an economic flipside as well, as Chris Thorpe explains.

Fuel Availability

Adrian Tolson says the marine fuel offering post-2020 promises to be a distinctly ‘patchwork’ proposition.

LNG

An innovative collaborative project based at the Port of Frederikshavn in Denmark is looking to drive the growth of LNG-fuelled shipping. Rhys Berry takes a closer look.

Becker Marine Systems has developed flexible alternative solutions for the supply of power to cruise and containerships at berth.

LPG

While LPG may not be a frontrunner as yet, Rhys Berry discovers that it has a promising
place in the marine fuel ‘race’.

Bunker Metering Systems

Stephan Natter of Endress+Hauser took part in a Q&A session about the development and traceability of bunker metering systems, and their prospects for wider adoption by the shipping industry.

Fuel Data Analytics

It is more important than ever to know how and when to use fuel quality data to establish a competitive edge in fleet performance management, as Michael McNamara of Veritas Petroleum Services explains.

Fuel Testing

The role of the testing agency in the marine fuels sector is increasingly dynamic, complex – and competitive. Andrew Shaw, MD of the rebranded LR GMT, leading with the FOBAS fuel testing service, spoke to Lesley Bankes-Hughes about the company’s formative years and the rationale behind its integration with Lloyd’s Register.

Condition Monitoring

Marine engines are routinely subjected to a range of extreme operating conditions. As Larry Rumbol of Parker Kittiwake explains, a proactive approach to engine maintenance can reduce machinery shutdown and operational inefficiencies – and cut costs.

Technology

Sandra Haraldson, Mikael Lind and Richard Watson take a look at an innovative port information sharing platform.

Bunker Pricing

Carl Garsten of MABUX suggests that using oil futures settlement prices as the basis for physical prices could introduce some clarity into the numbers game.

CMA Shipping 2016

Llewellyn Bankes-Hughes, moderator of the Connecticut Maritime Association’s bunkering session held during its annual shipping conference in Stamford, brought together a panel of experts to discuss the key technical and operational issues of the moment.

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