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Worldwide wholesalers & suppliers
of marine fuels and lubricants
Clipper Oil

Clipper Oil is a worldwide wholesaler and supplier of marine fuels and lubricant oils, specializing in supplying ocean going vessels worldwide. Operating internationally from our headquarters in San Diego, California, USA, we serve the bunkering needs of all sectors of the petroleum market. Our client base includes fishing fleets, ocean-going yachts, cruise ships, cargo ships, military/government/research vessels and power plants. Read more >>

Marine Fuels

Clipper Oil supplies only the finest gas oils, fuel oils, diesel fuels, aviation fuels and marine fuels.

Marine Lubricants

Clipper Oil stocks an extensive product line of major branded and independent lube oils.

Bunkering at Sea

Clipper Oil offers bunkering at sea via high-seas fuel tankers worldwide.

Warehouse Locations

Clipper Oil offers physical supply of product at various locations throughout the Pacific.
  • USA Office
    2040 Harbor Island Drive
    Suite 203
    San Diego, CA 92101 USA


  • +1-619-692-9701

    +1-619-398-0810

    bunkers@clipperoil.com

  • Singapore Office
    8 Eu Tong Sen Street
    #23-86, The Central
    Singapore 059818

  • +65-6646-5367

    +65-6491-5128

    bunkers@clipperoil.com

WP_Post Object ( [ID] => 235482 [post_author] => 1 [post_date] => 2020-11-24 23:58:13 [post_date_gmt] => 2020-11-24 23:58:13 [post_content] =>

After an inconclusive meeting last week at the International Maritime Organization (IMO), ship owners still have to contemplate their future plans in the fuels arena.

“This week the IMO agreed short term measures to address climate change. For many, it was felt that these measures lacked the ambition needed to reach the IMO’s goal of reducing total GHG emissions by 50% and carbon emissions by 70% by 2050,” said a major shipbroker.

The new concerns come months after the new switch to low Sulphur fuel oils. The IMO had ruled that from 1 January 2020, marine sector emissions in international waters were to be slashed by over 80%.

New IMO short-term measures are intended to improve vessel design and operational efficiency. The new measures have been adopted via the Energy Efficiency Design Index (EEDI), the Ship Energy Efficiency Management Plan (SEEMP), and new measures called the Energy Existing Ship Design Index (EEXI) and Carbon Intensity Indicator (CII).

One of the major issues that still needs to be addressed is carbon pricing. Many industry bodies, regulators, and even individual market players are calling for carbon pricing to be introduced to incentivize uptake in green technology.

Since biofuels, including bio-LNG and bio-MGO are expected to price at a significant premium to conventional fuels, whilst green ammonia and hydrogen will also be significantly more expensive, carbon taxes might be the only way to make future fuels more competitive

However, the IMO is yet to address this issue.

Another major long-term issue is emissions from LNG fuel.

LNG fuel is lower carbon, low SOx and NOx, as well as emitting lower particulate matter. However, recent data shows that emissions can be higher than conventional fuels.

Ultimately, the industry needs is clarity as to where LNG sits within the IMO’s climate goals. Until the industry has more guidance, the best thing many owners can do is nothing, although this is exactly the opposite of what is needed to address climate change. [post_title] => Clarity is Still Lacking For Ship Owners After IMO Meeting [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => clarity-is-still-lacking-for-ship-owners-after-imo-meeting [to_ping] => [pinged] => [post_modified] => 2020-11-24 23:58:13 [post_modified_gmt] => 2020-11-24 23:58:13 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.clipperoil.com/?p=235482 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )