06MAR2019 - NEWS - Euronav to use ULCC for storing low sulphur marine fuel ahead of the 2020 sulphur cap regulation

Euronav will use one of its two ultra large crude carriers (ULCC) to store low-sulphur marine fuel ahead of the 2020 sulphur cap regulation. ULCCs can carry up to 400,000 tonnes of fuel oil, and this specific ULCC, 'Oceania', has been off Malta since January 12. Euronav has also hired fuel oil trader and blender Rustin Edwards, who is leading the fuel oil procurement for the company since February. Euronav stated that the use of the ULCC is just one of its IMO 2020 initiatives, which aim to give emphasis on the quality and quantity of compliant fuel supply.

Published by Editor - www.Livebunkers.com at 06-Mar-2019 07:00:34 [UTC] , contact editor at editor@livebunkers.com