ShippingWatch

Stena Oil expects fierce competition on Scandinavian bunker market

Competition on the Scandinavian bunker market will increase as the moves closet to the new sulfur regulations taking effect in 2020, says the CEO of the major market player Stena Oil to ShippingWatch.

The bunker market in the Skagerrak, Kattegat and parts of the North Sea will see fierce competition in the coming years.

Leading up to Jan. 1, 2020 when the new sulfur regulations take effect, suppliers will seek to position themselves to only trade fuel which meets the new requirements.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

400 people risk being laid off at Seadrill

Once the contracts for two of Seadrill's drilling rigs expire, around 400 of the company's 1,050 employees are at risk of losing their jobs, reports media. Labor union expects the carrier to announce dismissals prior to Christmas.

Further reading

Related articles

Latest news

See all jobs