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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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CPC stops supplying 30 cSt marine fuel

06 Feb 2018 17:24 GMT

Measure affects the key Taiwanese ports of Kaohsiung, Taichung, Keelung, Hualien and Suao.



Taiwan state-owned oil and gas company, Chinese Petroleum Corporation (CPC Corporation), has announced that it has stopped the sale of 30 centistoke (cSt) marine fuel, effective from Thursday, February 1.

The measure affects the key Taiwanese ports of Kaohsiung, Taichung, Keelung, Hualien and Suao.

Last week, the Ministry of Transport and Communications (MOTC) also announced that it will require ships to use marine fuel with a maximum sulphur content of 0.5 percent from January 1, 2019 - a year ahead of the global sulphur cap implementation date.

In an effort to incentivize the early switch to lower-sulphur fuel, MOTC explained that it will be providing an NT$5,000 ($171) subsidy to vessels that already comply with the upcoming regulation.


Image: Flag of Taiwan. Image credit: Image file / Pixabay




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