GlobalData report: LSFO emerging as preferred bunker fuel following IMO 2020 regulation

摘要

Despite its relatively high cost, both shipping companies and refiners are placing bets on low-sulphur fuel oil (LSFO, 0.5% sulphur m/m) for marine transportation. As a result, LSFO sales in Singapore, the world's largest bunkering hub, have increased from 174 thousand tonnes in September 2019 to 2,896 thousand tonnes in September 2020, says GlobalData. GlobalData's latest thematic report, 'IMO 2020' evaluates the impact of the International Maritime Organization's (IMO) sulphur regulation, effective from 1 January 2020, on the crude oil refining sector.