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Marine fuel regulations post 2020: Shippers consider scrubbed HSFO, ULSFO, LNG and methanol

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Report summary

We are forecasting continued expansion of the global marine fuels market over the next twenty years - growing from over 4.5 million b/d currently to just under 6.0 million b/d by 2035. Marine LNG captures most of the growth in the bunker market post 2020. ULSFO sales are forecast to grow to nearly a 10% market share from 2025 onwards, with HSFO still accounting for well over half of the marine bunker market, as sulphur scrubbers are installed on a large number of ocean going vessels.

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    Marine fuel regulations post 2020: Shippers consider scrubbed HSFO, ULSFO, LNG and methanol

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Tables and charts

This report includes 4 images and tables including:

Images

  • Global supply balances for distillate and residual fuels
  • Volume of global marine fuels by type, 2010-2035*
  • % share of global marine fuels by type, 2010-2035
  • Global gasoil sales by sector, 2014 and 2015

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