Fuelling change: May 1st Mediterranean Emissions Control Area and marine fuels

With the May 1st deadline for Mediterranean Emissions Control Area fast approaching, marine fuel suppliers and shipowners are bracing for impact. In this episode of the Oil Markets podcast, Rowan Staden-Coats is joined by Jan Kedzior and Tommy Petrou to discuss the different fuel options vessels have to comply with the upcoming sulfur emission regulations. What opportunity does this pose for compliant fuels like DMA marine gasoil and 0.1% ULSFO, and how will the demand for conventional fuel oil grades be impacted?

 

Related stories:

VLSFO cracks tumble to multi-month lows amid Med ECA zone shakeup

Mediterranean Hi-5 spreads narrow to near four-month lows on thin VLSFO demand

Tight supply pushes high-sulfur gasoil above ULSD in NWE

European 0.1%S gasoil tightens on Med demand, limited prompt NWE supply

Assessments:

0.1% CIF Med gasoil - AAVJJ00

CIF Mediterranean Marine Fuel 0.5% Cargo - MFCMM00

FO 3.5%S CIF Med Cargo - PUAAY00