Lloyd's Register confirms oil-tech has converted HFO to VLSFO
The 2020 sulphur cap has forced refiners to upgrade existing equipment or spend money on new facilities to produce compliant fuels. Lloyd’s Register has now confirmed that the research firm Genoil has converted heavy fuel oil to 2020-compliant fuel oil without making these investments. Genoil believes its method can spare refiners and shipowners from taking on the burden of higher capital and operational costs
Lloyd’s Register confirms Genoil’s converted fuel meets 2020 sulphur cap without investment in refining facilities
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