Chemoil ready to meet demand of 1.0% sulfur bunker fuel in Antwerpen and Rotterdam

SGX Mainboard-listed Chemoil, one of the world’s leading suppliers of marine fuel, said today that it was well prepared to meet demand for lower Sulfur Oxide (SOx) bunker fuel to vessels in the Ports of Antwerp and Rotterdam in anticipation of the new North Sea and Baltic Sea Emissions Controls Areas (ECAs) regulation.

From July 1, 2010 in accordance with MARPOL Annex VI regulations, ships operating in European ECAs will be required to have a sulphur content not exceeding 1.0% instead of the existing requirement of 1.5%. Chemoil is one the largest suppliers of low sulfur bunker fuel in the Amsterdam-Rotterdam-Antwerp (ARA) bunkering hub, serving Antwerp and Rotterdam.

Adrian Tolson, Chemoil’s Vice President of Sales and Marketing, said: “Antwerp and Rotterdam are the key bunker ports in North West Europe and, like other ports in European ECAs, will be monitored in the first few months of the latest SOx limit reduction to ensure adequate supply and pricing of 1.0% sulfur bunker fuel.

“As one of the largest suppliers of low sulfur bunker fuel in ARA, Chemoil is ready to supply both Antwerp and Rotterdam. We have been actively working with our customers using the ports to address any concerns they may have about fuel availability and pricing the new regulation might bring.”

Mr Tolson said Chemoil is well prepared to meet customers’ demand for 1.0% sulfur RMG380 from the July 1, 2010 deadline.

"Mr Tolson added. “Chemoil will ensure that 1.0% sulfur bunker fuel is consistently available to our customers in Antwerp and Rotterdam, and we will continue to monitor the supply situation in terms of volume demand. In preparedness for July 1, we have taken the necessary steps in adjusting our integrated supply chain to ensure that our customers have the reliable availability of bunker fuel of the quality and value that they have come to expect from Chemoil.”

Source: Port News