28-04-2022, 05:42 AM
"Shipowners that have suffered losses from taking contaminated high-sulphur fuel oil (HSFO) in Singapore are uncertain how they will be compensated, as a market tightness sees delivered premiums for the marine fuel spike.
Singapore's Maritime and Port Authority (MPA) on 13 April named trading firm Glencore as the initial supplier of the contaminated HSFO in Singapore, the world's largest bunkering hub. The contaminated fuel was then supplied to Chinese bunker supplier PetroChina, which in turn supplied about 200 vessels in Singapore, with about 80 suffering fuel pump and engine damage because of the presence of chlorinated compounds.
Market participants said that shipowners will possibly see debunkering and replacement of cargo costs met by the supplier of the contaminated fuel, but not the demurrage or potential mechanical repair costs incurred by the vessel."
https://www.argusmedia.com/en/news/23257...e%20vessel.
Singapore's Maritime and Port Authority (MPA) on 13 April named trading firm Glencore as the initial supplier of the contaminated HSFO in Singapore, the world's largest bunkering hub. The contaminated fuel was then supplied to Chinese bunker supplier PetroChina, which in turn supplied about 200 vessels in Singapore, with about 80 suffering fuel pump and engine damage because of the presence of chlorinated compounds.
Market participants said that shipowners will possibly see debunkering and replacement of cargo costs met by the supplier of the contaminated fuel, but not the demurrage or potential mechanical repair costs incurred by the vessel."
https://www.argusmedia.com/en/news/23257...e%20vessel.