Planned & Recent Reports
Marine Fuels 2020 Assessment – 2019 Update
Over the past 18 months, significant changes have been occurring in the global liquids system which impact the outlook for 2020 and beyond. Projected 2020 global liquids demand has remained relatively stable but:
- There is potential for a slowdown in what has been a period of rapid global trade i.e. marine growth.
- Scrubber orders and installations have accelerated but the prospects are clouded by controversy over their use.
- The world’s crude slate is shifting quality and origins courtesy of continued growth in the USA, issues in Venezuela, Canada and elsewhere plus OPEC+ cuts.
- The outlook for projected refining capacity on-stream early 2020 and then throughout the year is changing.
EnSys and Navigistics are considering a full mid-year update to address these developments and quantify their impacts in 2020 and beyond, notably on supply and pricing across marine fuels, non-marine products and crude oils. If such a report would be of value to you, please advise your interest.
Marine Fuels 2020 Assessment – 2018 Update
This report, published in 2018 is a comprehensive update to our 2016 Supplemental Report submitted to the IMO. In this report you will find:
- A scrubber penetration outlook.
- The IMO’s planning status as of mid-2018.
- An update to our WORLD-based analysis of the refining and markets impacts with projections for crude and product “supply costs” (open market pricing) through 2020, then 2021-2025 and 2030 by year.
This report which includes extensive detail is now available at a much reduced price.
2016 Supplemental Marine Fuel Availability Study
This EnSys – Navigistics collaboration, originally authored in 2016, was submitted to the IMO as a Supplemental Marine Fuel Availability Study in the lead-up to the Global Sulphur Cap decision and was presented at the key IMO MEPC70 meeting in October 2016. The Summary Report and Full Report are both available for free.
EnSys’ President, Martin Tallett, and Navigistics’ President, David St. Amand, have and continue to give numerous presentations concerning IMO 2020.
Recent and upcoming presentations by Martin Tallett at leading conferences include:
- March 8, 2019 – Jacobs 18th Annual Petcoke Conference
- May 22,2019 – Maritime Week Americas 2019
- June 14, 2019 – Platts 16th Annual Bunker and Residual Fuel Conference
Earlier presentations include:
- February 22, 2018 – Crude Oil Quality Association | Slides
- November 7, 2017 – Natural Gas for High Horsepower Summit | Link
- June 20-21, 2017 – Platts Bunker & Residual Fuel Conference | Agenda
- May 22-26, 2017 – Petrospot Maritime Week Americas | Slides
- March 20-21, 2017 – 12th Concawe Symposium | Slides
- October 24, 2016 – IMO MEPC70 | Slides
In the News
EnSys’ and Navigistics’ work on IMO 2020 has recently been featured in a variety of publications:
- BunkerSpot: Martin Tallett and David St. Amand express views about 2020 based on 2018 Update Report
- Bloomberg: Researcher Who Saw Stressed 2020 Oil Market is More Worried Now
- Wall Street Journal: An Energy Shock from the High Seas
- Financial Times: New shipping fuel regulation set to hit commodities (subscription required)
- Platts Special Report: The IMO’s 2020 Global Sulfur Cap What A 2020 Sulfur-Constrained World Means For Shipping Lines, Refineries And Bunker Suppliers
- Platts Global Oil Market: Podcast
- BunkerSpot: Can Refiners Meet the Sulphur Deadline