Conventional Fuels & Oils

Off-spec fuel can cost $50,000 per incident

2022-10-14T10:54:00

Over 1 million metric tons of off-specification or non-compliant fuels are detected each year, according to a recent LR/Thetius study.

Source: Lloyd's Register

Lloyd’s Register (LR), in collaboration with marine innovation consultancy Thetius, has published a new report titled ‘Testing Times – The vital role of ship fuel oil testing and quantity verification in an uncertain era’ estimating that in excess of 1 million metric tons of off-specification or non-compliant fuels are detected ...

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