Robin Meech, IBIA’s new Chairman has chaired Petrospot’s Middle East Bunker Convention, which was held in Dubai, 13-17 March 2016.
It was the first of what will be an annual event highlighting the exceptional growth taking place in the marine fuels sector in the region.
Key points discussed included;
- The implications for the region following the easing of Iranian sanctions
- The establishment of the new Emirates Maritime Arbitration Centre
- The continuing fallout from the demise of OW Bunker
- What the global sulphur cap implementation in 2020 or 2025 will mean for ports and shipping in the area
Two case studies featuring Oman and India provided new information about these markets. IBIA ran its popular Basic Bunker Course and a Bunker Resolution Workshop alongside the event, attracting over 50 delegates keen to learn more about the industry and to develop their professional skills.
Robin Meech, IBIA Chairman elect spoke about the forthcoming regulatory changes, the implications of new restrictions in Europe and North America and how these changes will set the trends for the Middle East. He also talked about the implentation of the global sulphur cap of 0.50% and the profound impact it will have on the Middle East when it comes into effect in 2020 or 2025.
He commented on the event and industry development across the Middle East, saying that it was a very good conference, with some interesting and very pertinent presentations.
IBIA Board Member Nigel Draffin also spoke at the event about ISO 8217, which will create an international standard for marine fuels.