Italian Refiner Saras’ VLSFO Sales Top 120,000 Tonnes

Since Saras launched its very low-sulphur fuel oil (VLSFO) blend in early September its sales have topped 120,000 tonnes, an executive at the Italian refiner said on Thursday.

VLSFO is the name given to a range of new fuel blends that refiners have created to comply with International Maritime Organization (IMO) rules which kicked off at the start of the year limiting sulphur content in shipping fuel to 0.5%…

View entirety: Reuters