Royal Dutch Shell has loaded the first cargo of low-sulphur fuel oil (LSFO) from...
FILE PHOTO: Boats sail past Pulau Bukom oil refinery along the southern coast of Singapore June 8, 2016. REUTERS/Edgar Su/File Photo
Demand for stable low-sulphur marine fuel supplies is rising as the shipping sector prepares for the International Maritime Organization’s lowering of the cap on sulphur in marine fuels to 0.5% from 3.5% beginning in January 2020. The cargo will be blended to a finished product, which Shell will supply to bunker customers, enabling its customers to be prepared for the implementation of the IMO 2020 mandate, Shell said.
Shippers will need to switch to lower sulphur fuels such as LSFO or marine gasoil or install scrubbers to clean the emissions of higher sulphur fuels.
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