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Fri 25 Nov 2011 10:31

Aegean quoting only 3.5% in Fujairah


Supplier now only quoting fuel oil with a maximum sulphur content of 3.5% to clients at the port of Fujairah.

Aegean Marine Petroleum Network Inc. has today revealed that it is now only quoting intermediate fuel oil in Fujairah with a maximum sulphur content of 3.5%.

Up until this week Aegean, a leading international supplier of marine fuels and lubricants, had been quoting clients separate prices for 4.5% and 3.5% sulphur fuel oil in Fujairah in the run up to the implementation of new international regulations for shipping at the start of next year.

The new MARPOL ANNEX VI regulation will see the global sulphur content of fuel oil reduced from 4.5% to 3.5% on January 1st 2012. The new sulphur limit applies to all waters other than Emission Control Areas (ECAs), where fuel oil with a sulphur content of 1% must be used.

Appendix V of MARPOL Annex VI also requires that all bunker delivery receipts (BDRs) must specify the density of the bunker fuel and its sulphur content. It is a legally binding document and the regulation states that it is the responsibility of the company receiving the fuel oil to provide this.

Commenting on the transition to 3.5% fuel, a source at Aegean said today: "Aegean, worldwide physical supplier with very strong presence in the Fujairah market, reassures its clients for a solid transition to 3.5 max sulphur supplies."

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