UAE’s Fujairah oil hub starts to offer cleaner marine fuels ahead of new rules

Fujairah is among the world’s largest bunkering hubs. (File/AFP)
Updated 27 February 2019
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UAE’s Fujairah oil hub starts to offer cleaner marine fuels ahead of new rules

  • Marine fuels with a maximum 0.5 percent sulfur content are “available in Fujairah as early as February 2019 onwards”
  • The IMO) will prohibit ships from using fuels with sulfur content above 0.5 percent from Jan. 1, 2020

SINGAPORE: The port of Fujairah in the UAE has begun offering cleaner marine fuel oils that comply with stricter global emissions rules which come into effect at the start of 2020, a port document showed.
Marine fuels, also known as bunkers, with a maximum 0.5 percent sulfur content are “available in Fujairah as early as February 2019 onwards,” said a notice to mariners posted on the Port of Fujairah’s website.
Fujairah is among the world’s largest bunkering hubs.
The International Maritime Organization (IMO) will prohibit ships from using fuels with sulfur content above 0.5 percent from Jan. 1, 2020, compared with 3.5 percent today.
To comply with IMO 2020 rules, shippers can switch to burning cleaner but more expensive oil, invest in exhaust cleaning systems known as scrubbers that may allow them to still use cheaper high-sulfur fuels, or redesign vessels to run on alternatives like liquefied natural gas (LNG).
In January, Fujairah port authorities announced they would ban open-loop scrubbers, mirroring a similar moves in Singapore — the world top bunkering hub — and China.


South Korea: Japan dispute to hit global technology companies

Updated 17 July 2019
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South Korea: Japan dispute to hit global technology companies

  • Japan’s steps are inconsistent with World Trade Organization principles, South Korean government source says

SEOUL: Export curbs Japan imposed in its dispute with South Korea will adversely affect global technology companies and hurt the operations of tech giant Samsung in the Texas state capital of Austin, a South Korean government source said on Wednesday.
Japan’s steps are inconsistent with World Trade Organization principles, but South Korea wants to resolve the dispute through dialogue, the source told reporters in Seoul, speaking on the condition of anonymity in order to discuss negotiations.
If Japan goes so far as to drop South Korea from its “white list” of countries with minimum trade restrictions, it would cause a “tremendous amount of problems,” the source added.