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Refiners Raise Clean Fuel to IMO Standard (Int'l. Report)
International Maritime Organisation
Date: 2020-01-06
Reuters is reporting global oil refiners have "upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards that kick in on Jan.1, 2020."

The new London-based International Maritime Organization (IMO) standards prohibit the use of fuels containing more than 0.5 pct sulphur, compared with 3.5 pct through the end of December, unless the ship is equipped with exhaust-cleaning "scrubbers".

The shipping industry consumes about 4 million bpd of marine bunker fuels, and the rule changes will impact more than 50,000 merchant ships globally, opening a significant new market for fuel producers. (Source: International Maritime Organization, Gulf Today, Reuters, 31 Dec., 2019) Contact: International Maritime Organization, Stefan Micallef, Director of Marine Environment Division, +44 (0) 20 7735 7611, www.imo.org

More Low-Carbon Energy News Low-Sulphur Fuel,  Alternative Fuel,  Gasoil,  IMO,  Maritime Fuel,  Shipping Fuel,  Bunker Fuel,  

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