The demand for high sulfur bunker fuel oil is set to dwindle worldwide closer to 2030, likely causing the use of scrubbers to fall, as the shipping industry accelerates its decarbonization journey, an industry expert said Oct. 25. That is despite ports, such as, Singapore, seeing robust HSFO sales in 2021. January-September sales of high .
Marine fuel quality issues could likely escalate once the world starts to recover from the coronavirus pandemic while continued margin pressures may hurt bunker suppliers more, necessitating the industry to stay vigilant and adapt themselves post the International Maritime Organization’s global sulfur mandate, industry sources said. Despite volatility in some commodity markets, marine fuel prices .