Low-sulphur fuel oil (LSFO) will become the preferred fuel when IMO 2020 regulations come into play as fuel availability issues dissipate, according to ClipperData.
Based on the energy intelligence provider’s latest forecast, LSFO consumption will make up 39% of global marine fuel mix come 2020, or 1.72m barrels per day (bpd).
Marine gasoil (MGO) consumption will account for 33% in the bunker mix, or 1.45m