ExxonMobil and Total want to grow as direct bunker suppliers

Major oil companies are prepared to grab an even bigger share of the bunker market as direct suppliers to shipping companies after the new sulfur regulations enter force. ExxonMobil and Total tell ShippingWatch about their expectations following Jan. 1, 2020.

Photo: ExxonMobil

Major oil companies like ExxonMobil and Total are well positioned to grab a larger bite of the bunker market when the new sulfur regulations enter force next year, placing new demands on shipping companies and suppliers.

From Jan. 1, 2020, ships will only be allowed to sail on fuel with sulfur content of 0.5 percent unless equipped with a scrubber. If shipping companies do not observe the regulations, they may face harsh penalties.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Further reading

Related articles

Latest news

See all jobs