Energy agency says key ports have sufficient low-sulfur fuel oil

The supply of low-sulfur oil is increasing rapidly, and the key hubs in the global shipping sector now have sufficient low-sulfur fuel oil, according to a report from the International Energy Agency.

Photo: Jorge Silva/Reuters/Ritzau Scanpix

The important hubs in the global shipping sector now have a sufficiently large supply of the new low-sulfur fuels, says the International Energy Agency, IEA, in its monthly report, according to Reuters.

"We are starting to see the first data on the transition and, it appears that deliveries of the new VLSFO [very low-sulfur fuel oil, -ed.] bunkers are increasing fast," writes the IEA.

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