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Friday, 12 April 2019 14:37

Singapore Ready to Supply Clean Ship Fuel

556 Singapore Fuel 2

 

Home to the world’s largest refueling station, Singapore says it will have enough low-sulfur fuel next year to meet new demand tied to the required reduction in sulphur emissions. The country has been working with big oil refiners and shipowners and is confident that they will have enough fuel that is compliant with new industry rules for 2020. Large oil companies have been active in Singapore, testing new fuels to ensure that they are safe and usable on all ships. The new fuels are expected to cost 40% more than traditional bunker fuel, boosting operators’ annual fuel bill by as much as $15 billion.

 

 

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