Currently, the volumes of compliant fuel sale are still small as the 0.5% market is in its infancy, with suppliers however confirming that they have now sold bunker quantities of 0.5% fuel oil.
Specifically, Singapore is the world’s largest bunker port, with the infographic noting that sales of 0.5% fuel oil are rising. Sales of compliant fuels will continue to increase, accelerating sharply as we approach January 2020.
Credit: Argus
In addition to Singapore, New York Harbor is the leader in North America, followed by the US Gulf, while in Europe the Amsterdam-Rotterdam-Antwerp (ARA) set of ports, has the most bunker deals. As for the Middle East, Fujairah has emerged as a global bunker hub.
What is more, in Latin America, compliant bunker fuels can be found at:
- Brazil;
- Buenos Aires;
- Cartagena;
- Panama.
You may see more details in the following infographic:
