Bunker Energy ready to provide low sulphur fuel in Italy
The Jacorossi Group’s company to give soon availability of VLSFO sulf max 0.5 pct in Augusta (and in Civitavecchia too)
Bunker Energy Spa proudly announced to be at the stage of finalizing the logistics with barges and terminal to assure consistency of availability and deliveries of compliant fuels well before the 1st January 2020 deadline set by IMO.
“The product is straight run from a refinery in the North of Italy. The first batch of ifo 0.5 pct has already been brought in last week but it will not be available for sale soon, not until all lines and pumps have been properly flushed to avoid any contamination from other higher sulfur fuels” bunker broker Tommaso Panzeri confirms.
“We will ensure regular avails of straight run 0.5 product; blended fuels will be supplied in lieu only when no other product can be sourced. Specification will be compliant with ISO 8217 2017 with exception of sulfur mass % 0.5 max. We are deciding the pricing structure which will apply and we plan to start offering for compliant fuels by the end of Q3 or earlier for those clients who decide to agree on contractual terms”.
For years, Augusta has been by far the largest petrochemical hub in Italy.
Bunker Energy ambition is to promote Augusta's role and recoup its prime position as a bunkering port for ships sailing cross-Med.
“To achieve this, we have initiated a marketing and sales campaign targeted especially for clients who have, until recently, opted to supply their ships in alternative ports, not necessarily close by. Augusta is no big deal of a deviation for vessels that are sailing through the Mediterranean.
Bunker Energy operation is such that major players opt for the Augusta not only for the sheltered bunkering area but also for the high level of service they receive: we are fully in control of all stages of the delivery, from the moment we buy the product to when it gets on board the ships”.
Similar steps are being taken for Civitavecchia, where there is a situation comparable to Augusta in terms of tankage volume, around 50,000 cbm vs. 57,000 cbm in Sicily.
“We expect a much higher demand due to the traffic mainly of roro-pax and cruise ships calling the port of Rome. Civitavecchia is easier to work out due to the local nature of the traffic, mainly regular and scheduled well in advance.
Augusta is a bit more challenging as there more more spot charters calling the port. We do have some live contracts in place which will either shift to vslfo or go on gasoil” Panzeri adds.
However, the supply of HSFO, LSFO and marine gasoil will not be discontinued for those clients who have opted for scrubbers or have decided to stick to gasoil until any doubts and concerns cast on VLFO have been cleared.
“The main input will necessarily have to come from our clients: their needs and requirement will lead us to the constant improvement of our performance which will be ultimately beneficial to them.
We are extremely conscious of the new goal posts on the ground have been moved forward; we are totally confident in our capacity to tackle successfully the very real challenges that lie ahead” Bunker Energy spokeperson concludes.