• Are you IMO 2020 ready?
  • Key Issues: Refinery capacity
  • Key Issues: Scrubbers

Key Issues: Tank Storage

IMO 2020 and response from the bunkering sector

Key Issues: Enforcement

What do we know about how IMO 2020 will be enforced?

Key Issues: Scrubbers

What do we know about the market for scrubbers?

Moore Stephens: Accounting issues related to IMO 2020

Shipowners and operators are considering the commercial and accounting implications of IMO 2020 Market expects no more than 10% of vessels in service will have scrubbers by 2020 Alternative, low sulphur fuels, anticipated to be expensive Retrofitting costs must be capitalised and depreciated over lifetime of vessel in accordance with IAS 16 This assumes the […]

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Key Issues: Enforcing IMO 2020

While compliance with IMO-2020 is expected its enforcement is uncertain. As the IMO exists as an advisory body its resolutions are enforced by its members. The enforcement of IMO-2020 and MARPOL VI rests with flag, port and costal states who are expected to enforce current legislation. There are nonetheless many reasons to expect high enforcement […]

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Basrah Light rebrand and launch

Iraqi oil minister, Jabbar al-Luaibi, announces the relaunch of Basrah Light at Asia Pacific Petroleum Conference (APPEC). Iraq has set its sights on launching a new Light Crude in 2019. At time of writing only two grades are available on the Iraq oil market; Basrah Heavy (API 23-24) and Basrah Light (API 29-30). However, plans announced this […]

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