US Residual Bunker Sales Fall 12.7% in 2015, Distillate Sales Jump 51%

Thursday December 8, 2016

The latest data released by the U.S. Energy Information Administration (EIA) shows that U.S. residual marine bunker sales in 2015 decreased by 12.7 percent year on year, declining by 489 million gallons to total 3,358 million gallons - or about 12.7 million metric tonnes.

The share of total U.S. residual fuel oil sales attributed to bunkering also increased, rising to 80.3 percent in 2015 from 78.2 percent in 2016.

Meanwhile, U.S. distillate marine fuel sales for vessel bunkering saw a 51.7 percent year on year increase in 2015, rising 824 million gallons to total 2,147 million gallons.

That jump helped marine account for 4.0 percent of the total U.S. distillate market in 2015, up from 2.6 percent in 2014.

January 1, 2015 was when the 0.10 percent sulfur cap for marine fuel came into force within the North American Emissions Control Area (ECA), a change that mean most vessels switched away from the previously used low sulfur residual blends to using distillate fuel for compliance.