According to recent forecasts, the usage of high sulfur fuel oil (HSFO) in ships worldwide will to drop significantly in 2020. While HSFO accounted for 82 per cent of the global fuel tank capacity in 2019, only 12 per cent will be used for this type of fuel in 2020. Most ships will switch to very-low sulfur fuel oil (VLSFO) to remain compliant with the global sulfur cap, enforced on January 1, 2020.
Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content
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DNV. (November 15, 2019). Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/
DNV. "Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content." Chart. November 15, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/
DNV. (2019). Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/
DNV. "Usage Distribution of Fuels in Ships Worldwide in 2019 with a Forecast for 2020, by Sulfur Content." Statista, Statista Inc., 15 Nov 2019, https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/
DNV, Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content Statista, https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/ (last visited November 21, 2024)
Usage distribution of fuels in ships worldwide in 2019 with a forecast for 2020, by sulfur content [Graph], DNV, November 15, 2019. [Online]. Available: https://www.statista.com/statistics/1097005/distribution-of-fuels-used-in-ships-by-sulfur-content/