Fuel oil sulfur standards
Fundamentally, the rule threatens to leave refiners with roughly 2 million barrels a day of unmarketable fuel oil, while shippers would be short the same amount of compliant low-sulfur fuel. The worldwide marine fuel market of over 4 million barrels a day accounts for more than 4% A common misconception of the sulfur regulations is that they will cause vessels to consume 2.0 to 2.5 million barrels of diesel fuel daily to replace the high-sulfur fuel oil that is consumed today. While it is perhaps possible for vessels to run on actual ultra-low-sulfur diesel,