Sinopec Shanghai refinery produces low-sulphur bunker fuel05.02.2019
Sinopec’s Shanghai refinery produced its first set of low-sulphur bunker fuel, amounting a total of 6,000 tonnes. The Shanghai refinery now became the first in China to produce low sulphur fuel oil, in order to comply with upcoming IMO rules.
As Reuters informed, the company produced 6,000 metric tonnes (mt) of the 0.5% very low sulphur fuel oil (VLSFO).
Moreover, the company informed that the Shanghai refinery became the first in China to produce the VLSFO, which will comply with the IMO 2020 global sulphur cap.
IMO’s 72nd session of Marine Environment Protection Committee took place on 9-13 April 2018. It discussed key environmental issues for global shipping industry, while global attention was focused on the adoption of initial strategy for the GHG emissions reduction from ships.
MEPC 72 adopted an initial strategy, which envisages, for the first time, a reduction in total GHG emissions from shipping which should peak as soon as possible and to reduce the total annual GHG emissions by at least 50% by 2050 compared to 2008. At the same time, the strategy pursues efforts towards phasing them out entirely. The strategy includes a specific reference to “a pathway of CO2 emissions reduction consistent with the Paris Agreement temperature goals”.
In the next MEPC, which held its 73rd session from October 22 to 26, 2018, the focus was on a number of areas to improve shipping’s environmental footprint.