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Product Terminology
Bio-VLSFO, or bio-blended VLSFO, is a blend of very-low-sulphur fuel oil (VLSFO) and biofuel. The ratio of biofuel is generally either 24% (B24 biofuel) or 30% (B30 biofuel).
IFO 180, or HSFO 180, is an intermediate fuel oil (IFO) with a maximum kinematic viscosity of 180 centistoke (cSt) at 50 degrees Celsius and a maximum sulphur content of 3.5%.
IFO 380, or HSFO 380, is an intermediate fuel oil (IFO) with a maximum kinematic viscosity of 380 centistoke (cSt) at 50 degrees Celsius and a maximum sulphur content of 3.5%.
LNG is liquefied natural gas. View the 'LNG price conversion' link above for further details.
LNG-380e, or LNG IFO 380 equivalent price, is the cost of LNG required to provide the same amount of energy as contained in one metric tonne of IFO 380. View the 'LNG price conversion' link above for further details.
LNG-MGOe, or LNG MGO equivalent price, is the cost of LNG required to provide the same amount of energy as contained in one metric tonne of MGO. View the 'LNG price conversion' link above for further details.
LNG-VLSFOe, or LNG VLSFO equivalent price, is the cost of LNG required to provide the same amount of energy as contained in one metric tonne of VLSFO. View the 'LNG price conversion' link above for further details.
LSMGO, or MGO 0.1%, or low-sulphur marine gasoil, is a DMA-specification distillate fuel with a maximum sulphur content of 0.1%.
MDO, or marine diesel oil, is a DMB-specification distillate fuel with a maximum sulphur content of 0.1%.
MGO is a generic term used to refer to marine gasoil. When referring to a specific type of marine gasoil, then either the terms LSMGO or MGO 0.5% will be used.
MGO 0.5% is a DMA-specification distillate marine gasoil with a maximum sulphur content of 0.5%.
ULSFO, or ULSFO 0.1%, or ultra-low-sulphur fuel oil, is a marine fuel oil blend with a maximum sulphur content of 0.10% designed to comply with strict emission regulations in Sulphur Emission Control Areas (SECAs). It blends residual and lighter distillate components, resulting in generally lower viscosity and density than traditional heavy fuel oils.
VLSFO, or VLSFO 0.5%, or very-low-sulphur fuel oil, is a marine fuel oil blend designed to comply with the IMO 2020 global sulphur cap of 0.50%. It blends residual and lighter distillate components, resulting in generally lower viscosity and density than traditional heavy fuel oils.
