IMO 2020 emission regulations issued by the International Maritime Organization required vessels to use lower-sulfur bunkering fuel, effective January 1, 2020. The transition to a new, 0.5% spec very-low sulfur fuel oil has impacted refiners, ship owners and operators.
The Global Marine Fuels Report includes price assessments for 0.5% VLSFO and high-sulfur bulk and bunkering fuels in the most important ports around the world. The OPIS BTU Indicator helps buyers plan cost-effective fuel purchases by calculating the energy content in the new 0.5% VLSFO compared with legacy high-sulfur marine fuels. Also featured are exclusive OPIS benchmarked ULSD rack prices for key North American markets, plus ULSD spot prices for Gulf Coast, New York Barge, Los Angeles, and the Pacific Northwest.
The Global Marine Fuels Report also includes the most up to date daily fixtures of fuel oil, vacuum gasoil, and other marine fuel blending components cargoes.
Easily track marine cargo and bunker fuel prices for Asia, Europe and the Americas with this concise report featuring at-a-glance tables and charts. Download a sample report and see for yourself.
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Ship owners, refiners, suppliers and fuel managers need the reliable price transparency found in the OPIS Global Marine Fuels Report to make cost-effective decisions regarding their fuel slate in light of IMO 2020 regulations.
The report is published using OPIS’ full-day spot pricing methodology for sound and accurate price data.