All terms

IMO 2020

The International Maritime Organization's 2020 rule capping marine fuel sulphur at 0.5%.

IMO 2020 is the International Maritime Organization's regulation (effective 1 Jan 2020) that capped marine fuel sulphur content at 0.5% (from 3.5%). Scrubber-equipped vessels can still burn HSFO; all others must use VLSFO, LSMGO, or LNG.

The rule reshaped bunker fuel flows globally and remains the most important recent structural regulatory change in physical refined products.

Related: VLSFO, HSFO.

What does IMO 2020 mean in oil and commodity trading?
The International Maritime Organization's 2020 rule capping marine fuel sulphur at 0.5%.
How do I check a counterparty that uses IMO 2020 in a deal?
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