July 7th, 2017

Bunker fuels in 2020

ULSFO weakens the scrubber case

In our base case, 0.5% sulphur bunkers in 2020 are likely to be largely gasoil-based. But the post ECA experience in Europe suggests there is room for a compliant and cheaper fuel oil-based bunker which, if replicated globally, could hit scrubber uptake. We look at the dynamics of this option.

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