How IMO 2020 Regulations Are Faring Amid COVID-19?

  • The supply of VLSFO has proven more than adequate amid COVID-19.
  • Call on marine gasoil (MGO) as an expensive alternative has been less than expected.
  • Refiners have adjusted their crude sales and changed their blend component pools.
  • The use of marine gasoil in engines has not increased as rapidly.
  • This is attributed to the fact that ship engineers think in terms of volume rather than the energy content.
  • Competition for low sulphur heavy gasoil and waxy streams has increased.
  • The price of solar...

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