As a platform of regional and national trade associations, members cannot develop any forecasts on future fuel prices nor discuss any other items that are sensitive from a competition law perspective like future supply capacity or promotion of products: Marine Fuels supplies in quantity and quality remain fully under the responsibility of the individual fuel suppliers (i.e. refiners – represented by the MFP -, traders, Bunker suppliers). To be noted, also, that refiners represent ~30% of the bunkering supply, the rest being traders and bunkers suppliers.
A consistent and scientifically sound approach on the verification of the sulphur content of fuels The Marine Fuels Platform members support the adoption of uniform, clear and easily enforceable m...Download
Marine Fuels Platform statement ahead of the important upcoming IMO Marine Environment Protection Committee 73rd session (22-26 October 2018). You can read the full statement here....Download
Marine Fuels Platform statement ahead of the important upcoming IMO intersessional meeting on the implementation of the global sulphur cap (9-13 July)Download
In October 2016, the International Maritime Organization (“IMO”) confirmed the implementation of the 0.50 % wt. global sulphur limit as of 1 January 2020. This represents an unprecedented challenge for the industry, as it will result in a very significant change in global marine fuel requirements. Around 200 Mt/y or about 4 million barrels per day will need to be made available as compliant fuel.Download