In 2020, there was a shift from using heavy fuel oil to using light fuel oil to power ships. In that year, around 65.5 million metric tons of light fuel oil were consumed by ships, compared to just 6.5 million metric tons the year earlier. In 2020, the International Maritime Organization (IMO) put a cap on the sulfur content of marine fuels, prompting the shipping industry to switch to cleaner fuels and equip their vessels with sulfur abatement systems.
Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type
(in million metric tons)
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Statista. (September 29, 2021). Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type (in million metric tons) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/
Statista. "Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type (in million metric tons)." Chart. September 29, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/
Statista. (2021). Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type (in million metric tons). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/
Statista. "Annual Fuel Consumption by Ships Worldwide from 2019 to 2020, by Fuel Type (in Million Metric Tons)." Statista, Statista Inc., 29 Sep 2021, https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/
Statista, Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type (in million metric tons) Statista, https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/ (last visited December 30, 2024)
Annual fuel consumption by ships worldwide from 2019 to 2020, by fuel type (in million metric tons) [Graph], Statista, September 29, 2021. [Online]. Available: https://www.statista.com/statistics/1266963/amount-of-fuel-consumed-by-ships-worldwide-by-fuel-type/