The international marine fuels market is one of the largest global fuel markets and is facing serious challenges related to compliance with new progressive emissions standards. From 2020 new standards can only be met if the fuel oil sulphur content can be dramatically reduced, or if the ship owners can afford the additional cost of on-board emissions scrubbing. The practical and economic feasibilities of the oil refining industry adapting to produce the large volumes of low sulphur fuel oil or distillates required for this major market is in doubt. The associated cost will have major implications for refining process economics and related oil product costs and prices
I would expect that QFI are already doing everything they can to develop a low sulphur "MSAR3", but it's not something they would be too keen to advertise until they were someway towards achieving that goal and getting all patents (If applicable) in place. At the moment MSAR 2 is a proven product, we're just waiting for the customers to satisfy themselves that it really does do what it says on the tin! AIMVHO.
One would have presumed that QFI,s Holy Grail " Eventide " would be MSAR3 Low Sulphur IMO compliant as we have been banging on for years ,Maybe R&D into MSAR 3 is very costly and would require MSAR2 to be semi mainstream prior to stepping up a gear to knock out MSAR 3,But who are we to presume anything regarding future strategy ,As the last 2 years with the sp in the Doldrums have demonstrated Keep a Smile Boy,s an Girl,s not far off now !
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