Imo 2020 News


Vitol Builds Refinery for New Ship's Fuel

Jun 24, 2019

Vitol, the world's largest independent oil trader, has started building a small oil refinery at its storage terminal in Malaysia that will provide low-sulfur fuel for ships, a senior company official said on Monday.The project consists of a crude distillation unit that can process 30…

IMO 2020: Exxon Mobil Projects 25% Decline in High-Sulfur Fuels

Mar 26, 2019

Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping sulfur content in shipping fuel at 0.5% kicks in in 2020, a top-level official at the U…

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