Related Articles
In depth
Forward article link
Share PDF with colleagues

Shipping—let battle commence

Competition to provide ships with a low-sulphur alternative will hot up as the IMO deadline approaches. It's not clear which fuel will win

The battle between competing fuels for shares of the marine propulsion market when the International Maritime Organization's (IMO) 0.5% sulphur-fuel content limit becomes effective in 2020 is heating up. On current trends, fuel oil may well maintain its primacy over marine gasoil and new competitor liquefied natural gas. International organisations pondering the outlook for the marine fuels market, which is estimated to account for up to 5m barrels a day of world oil use, have differed on the outlook for fuel oil demand. Marine fuel oil use accounts for about 63% of world fuel oil consumption, and quality restrictions on fuels used by land-based consumption will likely increase that proport

Also in this section
LNG in Europe: The heat is on
22 June 2018
Higher power demand due to hot weather helped pushed up European LNG demand in 2017. But the sector is far from buoyant
New markets for Canada's oil remain elusive
14 June 2018
A war of words, along with legal challenges and counter-challenges, could see plans for Canada's Trans Mountain export pipeline scrapped
US powerhouse in the making
14 June 2018
The LNG building boom is just getting underway. When it's done, the US will be the largest exporter in the world