APAC Marine Fuels
Webinar

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June 25, 2020
1:30 pm - 2:30 pm SGT

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Online

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Complimentary

S&P Global Platts

Join us and receive latest insights at the S&P Global Platts Marine Fuels Webinar, where we will talk about our ongoing transition to low sulfur marine fuel with surrounding situations such as oil wars and price shocks. How will they affect regional demand-supply balances?

This webinar will also focus on:

  • Evolution of the Marine Fuel 0.5% pricing in the wake of the big switch to IMO-2020 compliance
  • Transition to IMO-2020 has brought a tsunami of demand for low sulfur marine fuels. However, how are the ongoing oil wars and COVID-19 pandemic affecting the marine fuel markets?
  • How does Asia, the world’s biggest demand center for marine fuels, demonstrate large-scale production capabilities?
  • A surprisingly resilient market despite dwindling demand for high sulfur marine fuel. Why?

Our editors will decipher the market impact of recent times, summarize the insights and offer their views. They will also address any questions that you may have online.

Pre-registration is a requirement for attendance to this webinar. Kindly note that this webinar does not accept substitutions.

Registration will close on Wednesday, Jun 19, 2020 at 5pm, Singapore time.


Agenda

1:30pm

Opening Remarks

Rajesh Nair, Managing Editor, Asia & Middle East Residual oil markets, S&P Global Platts

1:33pm

Evolution of the Marine Fuel 0.5% pricing in the wake of the big switch to IMO-2020 compliances

  • Platts Marine Fuel 0.5% assessment methodology underpinned by robust liquidity in the Market on Close assessment process
  • Platts Marine Fuel 0.5% assessment steadily gaining traction as the regional low sulfur benchmark

Rajesh Nair, Managing Editor, Asia & Middle East Residual oil markets, S&P Global Platts

1:45pm

Transition to IMO-2020 brought a tsunami of demand for low sulfur marine fuels

  • Demand spike push marine fuel valuations even above ultra-low sulfur diesel
  • Surprisingly high margins lure Asian refiners to boost low sulfur marine fuel output
  • But a double whammy of oil wars and coronavirus pandemic spook marine fuel markets

Rajesh Nair, Managing Editor, Asia & Middle East Residual oil markets, S&P Global Platts

2:00pm

How does Asia, the world’s biggest demand center for marine fuels, demonstrate large-scale production capabilities?

  • Emergence of China domestic production and a changing regional demand-supply balance
  • Other North Asian refiners and Middle East producers boost LSFO output to meet regional demand

Rohan Menon, Senior Editor, Asian and Middle Oil Markets, S&P Global Platts

2:15pm

A surprisingly resilient market despite dwindling demand for high sulfur marine fuel. Why?

  • A lack of liquidity and a limited number of suppliers make high sulfur marine fuel a niche market associated with relatively high operating costs, but one that yields lofty margins too
  • A steady high sulfur fuel oil valuations amid abundant LSFO supply crunch hi-lo spread
  • Some shipowners cancel or postpone scrubber installations on significantly longer payback period

Rohan Menon, Senior Editor, Asian and Middle Oil Markets, S&P Global Platts

2:25pm

Q&A

Rajesh Nair, Managing Editor, Asia & Middle East Residual oil markets, S&P Global Platts

Rohan Menon, Senior Editor, Asian and Middle Oil Markets, S&P Global Platts

2:30pm

End of Webinar

Agenda subject to change


Speakers

  • Rajesh Nair , Managing Editor, Asia & Middle East Residual oil markets,
    S&P Global Platts
  • Rohan Menon , Senior Editor, Asian and Middle Oil Markets,
    S&P Global Platts


Rajesh Nair

Rajesh Nair

Managing Editor, Asia & Middle East Residual oil markets
S&P Global Platts

Rajesh Nair is the Managing Editor for residual oil markets for Asia Pacific and Middle East at S&P Global Platts in Singapore. Prior to starting coverage of Asia fuel oil in 2012, Rajesh has been the LPG editor for Asia Pacific and Middle East markets. He joined Platts in 2008 and has since covered Asia bunker fuel, Gasoline and Platts Forward Curve markets.

Rohan Menon

Rohan Menon

Senior Editor, Asian and Middle Oil Markets
S&P Global Platts

Rohan Menon joined Platts in November 2014, and currently covers the Asian fuel oil markets. He previously worked in the petrochemicals team covering the Asian Paraxylene market, and oversaw methodology development for the Agriculture, Metals and coal teams in Singapore.
Prior to joining Platts, he completed a Masters in Chemical Process Engineering with Distinction from University College London (UCL), with a research project relating to fluid catalytic cracking. His previous experience includes a stint with Development Consultants Pvt. Ltd., one of India’s premier engineering consulting firms.

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