Related Articles
Outlook 2018
Forward article link
Share PDF with colleagues

Fuels at sea

Ships must pollute less. Their owners can't ignore the impending regulatory changes

The International Maritime Organisation (IMO) deadline for emission control in world shipping is fast approaching. Beginning in 2020, vessels worldwide must limit their emissions to the equivalent of burning 0.5% sulphur-content fuels, whether by burning low-sulphur fuels themselves or by installing "scrubbers" to treat exhaust emissions. The change is likely to affect around 4m barrels a day of oil demand. Competition between new blends of oil fuels (very-low-sulphur fuel oil or marine diesels), scrubbers, or liquefied natural gas is likely to be fierce but evolutionary. Each competitor presents different challenges: scrubbers affect fuel efficiency and may be difficult to finance when so m

Also in this section
Europe to benefit from US exports
22 March 2018
Rising US supplies, expanding European demand and much available regasification capacity should increase liquidity in the Atlantic Basin
LNG hubs—more global, more liquid
22 March 2018
Demand is keeping up with supply. But new flexibility and hubs are changing the trading environment
The Zohr effect
15 March 2018
Hopes are high of fresh finds in the area