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Purvin & Gertz Announces New Study on Marine Bunkers and Fuel Oil19 November 2008
Houston, November 19, 2008
Purvin & Gertz announces the 2009 release of a new study focusing on bunker and fuel oil markets: Residual Fuel Market Outlook: Impact of Bunker Quality Changes on Marine Fuels & Refining. This timely and comprehensive study is underway and will be completed by the second quarter of 2009. It will present an analysis of the issues, balances and economics of bunker fuel, stationary fuel oil and residual refinery feedstocks.
Study manager Kurt Barrow says, “Emissions limits recently agreed by the International Maritime Organization (IMO) will change bunker fuel qualities and indeed the type of fuel consumed by the regional and global shipping industries. Both refining and shipping companies are puzzling over their role and the costs for meeting new ship emissions requirements. This study endeavors to provide insight into the complex inter-industry issues through a comprehensive analysis.”
Key elements of the study include:
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