Tallett, M.
Martin Tallett is founder and President of EnSys Energy, a consulting practice specializing in quantitative assessment of the global downstream petroleum industry, covering refining, logistics, trade, regulations, investment and related strategic issues. He co-leads, with David St. Amand, the EnSys-Navigistics Marine Fuels 2020 service. His early background was in a variety of refining and planning positions with Exxon and Amoco. Since 2007, he has been involved in marine fuels assessments for a range of government, refining and shipping industry clients. He holds a BSc degree in chemical engineering from the University of Nottingham in the UK.
Business Trends: Anticipated market and pricing impacts from new marine fuel regulations
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%. The new regulation will go into effect in January 2020. This action by the IMO will have a profound impact on the maritime and refining industries worldwide, as well as on the environment. This month’s Business Trends section provides an overview on the anticipated impacts of the IMO’s decision on petroleum product markets.
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- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Honeywell to supply integrated automation systems for flagship UK carbon capture projects 12/4
- Aduro Clean Technologies collaborates with ECOCE to advance plastics recycling in Mexico 12/4
- FincoEnergies launches GoodFuels B15: A reliable and compliant drop-in biofuel for inland shipping 12/4
- DevvStream, Southern Energy Renewables target low-cost, carbon-negative SAF and green methanol 12/4
