ExxonMobil: new unit in Antwerp to convert heavy, higher-sulfur residual oils into marine gasoil and diesel.
marine fuels
Asia bunkering industry preparing for IMO 2020 sulfur deadline: Fuel for Thought
From Cosco in China to Posco in South Korea, Asian companies are pouring in millions of dollars to upgrade their shipping fleets as the International Maritime Organization’s deadline for cleaner bunker fuels inches closer.
With less than 16 months remaining, the global shipping industry is setting aside about $60 billion to obtain the right infrastructure in order to embrace cleaner shipping fuel.
The IMO’s global fuel sulfur cap is set to drop from 3.5% to 0.5% at the start of 2020, forcing...
http://blogs.platts.com/2018/09/10/asia-bunker-industry-imo-2020-sulfur-deadline/