UAE-headquartered bunker provider GP Global is gearing to start offering 0.5% sulphur content fuel from next week.
In a release yesterday, Prerit Goel, group director at GP Global, said: “GP Global is committed to providing bunker customers globally with compliant fuel for regulatory changes by IMO in 2020. We are prepared to offer 0.5% low sulphur fuel oil (LSFO) from April to our customers in major ports and at physical delivery points of Rotterdam/ARA, Fujairah and Singapore. These can help our customers plan their voyage economics and fuel compatibility for 2020 and beyond. We shall extend the availability of LSFO to other smaller ports where we are physical suppliers by Q4 2019 in preparation for the regulatory changes in January 2020.”
In addition, GP Global’s fuel delivery systems at all ports shall include HSFO and MGO as well as specific lubricant solutions.
GP Global has operations in Europe, Middle East, Indian Subcontinent and the Far East with bunker trading offices in Rotterdam, London, Geneva, Dubai, India, Singapore and Seoul. It is currently exploring to enter the bunker market in America and expects to supply 5m metric tons of bunkers to customers globally in 2020.