Statements

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.

Statement 13/02/2019

Statement of the Marine Fuels Platform – Ahead of the IMO PPR 6 meeting (18-22 February 2019)

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...

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Statement 17/10/2018

Statement of the Marine Fuels Platform – Ahead IMO MEPC 73 meeting (22-26 October 2018)

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....

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Statement 04/07/2018

Statement of the Marine Fuels Platform – 4 July 2018

Marine Fuels Platform statement ahead of the important upcoming IMO intersessional meeting on the implementation of the global sulphur cap (9-13 July)

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Statement 29/05/2018

Statement of the Marine Fuels Platform

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.

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