Uniper Energy DMCC has loaded the largest-ever cargo of low sulphur fuel oil for delivery to Asian customers in Fujairah ahead of the implementation of the IMO 2020 rule compelling all ship-owners to reduce the sulphur content of their bunker fuel
The tanker with 154,411 metric tonnes of low sulphur fuel oil is now enroute to Singapore. The company added that that they also started loading 80,000 metric tonnes for Europe, making it a busy month for low sulphur fuel oil shipments.
Chris Wood, managing director of Uniper Energy DMCC, said, “Stakeholders in the bunkering supply chain – refineries, ports, traders, shippers and more – are nearing a cliff of major change that they must adapt to quickly.”
UAE-based Uniper Energy DMCC is part of the international energy company Uniper SE. Uniper Energy DMCC is an important vehicle in Uniper’s international efforts to help countries build reliable and environmentally friendly energy supplies to support the global energy transition.
The crude units of Uniper Energy produce more than three million tonnes of ultra low sulphur fuel oil (ULSFO) annually for the marine market. These cleaner fuels make a significant contribution to improving air quality, playing a crucial role in exceeding the International Maritime Organisation (IMO) targets to limit sulphur in ship fuel to 0.5 per cent, from 3.5 per cent, from 1 January 2020.
Uniper Energy DMCC supplies its three million bbl of storage clean fuels to three of the world’s largest bunkering hubs-Fujairah, Europe’s ARA and Singapore.
The company started in 2015 in Dubai with the first cargo in March 2017. It now trades with more than 200 counterparts; both private and state-owned entities, including national oil companies (NOCs).
