As a residual product, its combustion releases significant quantities of carbon dioxide (CO2), contributing to greenhouse gas emissions. The industry is under pressure to adopt alternative fuels, such as liquefied natural gas (LNG), biofuels, and eventually hydrogen or ammonia.
Heavy Bunker Oil Market Trends 2024: Key Insights and Forecasts
Operational Challenges and Safety Protocols Working with heavy bunker oil presents distinct operational hazards that require rigorous safety protocols. Conversely, geopolitical events or disruptions in refining capacity can cause sudden spikes.
This fuel typically contains sulfur concentrations that can exceed 3. The Composition and Handling of Residual Fuel Oil The physical characteristics of heavy bunker oil distinguish it from lighter fuels, requiring specialized infrastructure for its management.
Heavy Bunker Oil Market Trends 2024: Key Insights and Forecasts
Many vessels now rely on Very Low Sulfur Fuel Oil (VLSFO), while others have installed exhaust gas cleaning systems, known as scrubbers, to continue using the higher-sulfur heavy bunker oil while remaining compliant with emissions standards. Handling this substance involves complex systems including heated storage tanks, centrifuges for purification, and meticulous procedures to manage water and sediment contamination, which can damage engine components if not addressed properly.
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