Fuels & Lubricants Magazine

CONFERENCE REPORT
PHOTOS: PIXABAY
configuration analysis new technologies
& innovation) and cover global
petrochemical summit too. The last
day (ERTC 4.0) was dedicated to
digital transformation of refining
operations.
ERTC 2017 had gather almost 600
industry professionals from refinery
operators, petrochemical plants,
technology providers, regulators and
government officials to discuss hot
topics, share market insights, project
updates, best practices and case
studies as well as the latest in process
and technology advances.
IMO Targets for Marine
Fuels
The major topic for debate on 1 st
day at ERTC2017 was how to meet
the new environmental legislation
and target for marine fuels set
by IMO(International Maritime
Organisation) for a 0.5% limit on
the sulphur content. Presentations,
discussion and real time pooling/
questions (using Slido) of the new
IMO regulations and what the sector
needs to do as they come into force,
shows that a large number of businesses
are not yet properly equipped
for this transition and will need to
revised their business models. With
the stronger sulphur regulations in
place, the cost of the more expensive
fuel will ultimately need to be passed
on, so shippers must be prepared for
higher sea freight costs.
Therefore, the IMO’s decision
puts pressure on these businesses
to put an immediate plan of action
in place. However many comments
from the audience highlighted how
many different factors that need to
be taken into consideration in order
to meet the necessary deadline.
How to meet the
new environmental
legislation and target
for marine fuels set by
IMO (International
Maritime Organisation)
for a 0.5% limit
on the sulphur content
was one of the major
topics.
Fuels&Lubricants No. 2 JUNE 2018 21