Bid to cut maritime sulphur emissions --------------------------------------- Strict International Maritime Organization rules prohibit ships from using fuels containing more than 0.5% sulphur – down from 3.5% --------------------------------------- Merchant marine fleet: 60,000 vessels use some 279 million tonnes of bunker fuel per year – of which 78% is high-sulphur fuel oil (HSFO) --------------------------------------- Scrubbers: Cut sulphur emissions from HSFO --------------------------------------- 2020: Ships fitted with scrubbers will continue to use 49 million tonnes of HSFO per year --------------------------------------- Rules take effect from Jan 1, 2020 --------------------------------------- Fuel price increase: Around $145 per standard 20-foot shipping container --------------------------------------- Marine bunker fuel demand (million tonnes per year, mt) HSFO MGO (Marine Gas Oil diesel) Liquefied natural gas HSFO (Scrubber-use) MGO&FO (Blend) VLSFO (Very-low sulphur) --------------------------------------- 2019 219 55 5 279mt 2020 38.2 49 114.4 11 32.7 38.2 283.5mt Non-compliance --------------------------------------- Los Angeles- Long Beach 4 Panama 4.5 U.S. Gulf Coast 8 Rotterdam, Amsterdam, Antwerp 20.5 Gibraltar 5 Russia Far East 5 South Korea 8 Hong Kong 9 Singapore 49.8 Fujairah 8 World’s largest bunker ports (mt, 2018) --------------------------------------- Sources: International Maritime Organization, Platts, Reuters, Rystad Energy © GRAPHIC NEWS