MARPOL Annex VI requires all ships to use fuels with a sulphur content of 0.50% m/m from 1 January 2020 onwards (in Emission Control Areas, other limits apply). The implementation date is subject to a decision by the Parties to MARPOL Annex VI that these fuels are by then sufficiently available. In order to inform this decision, the IMO has commissioned the present study, which aims to assess the availability of fuel oil with a sulphur content of 0.50% m/m or less in 2020. The study comprises three elements.
The main result of the assessment is that in all scenarios the refinery sector has the capability to supply sufficient quantities of marine fuels with a sulphur content of 0.50% m/m or less and with a sulphur content of 0.10% m/m or less to meet demand for these products, while also meeting demand for non-marine fuels.
Stratas AdvisorsUMASNMRIPetromarket Research GroupShinichi Hanayama