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Lloyd's Register: Need for heavy fuel is rising

Even though a Lloyd's Register study shows an increased consumption of LNG by 2030, the need for heavy fuel will only go one way. Up. Heavy fuel will still account for more than half of the fuel consumed by 2030.

Photo: OW Bunker

The use of LNG might look set to grow and - according to a study performed by Lloyd's Register - account for 11 percent in 2030, but the need for heavy fuel oil, as we know it today, will only increase in the years to come and still account for more than half of the market's need by that time.

This is apparent from a presentation by Jesper Aagesen, Area Consultancy Manager, Scandinavia, Baltic & Western Europe, Lloyd’s Register Marine, on Tuesday at Lloyd's Register. The event was part of Danish Maritime Days about the Future of Shipping and was held at Admiral Hotel in Copenhagen.

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