Over the past 18 months, significant changes have been occurring in the global liquids system which impact the outlook for 2020 and beyond.  Projected 2020 global liquids demand has remained relatively stable but:

• There is potential for a slowdown in what has been a period of rapid global trade i.e. marine growth.
• Scrubber orders and installations have accelerated but the prospects are clouded by controversy over their use.
• The world’s crude slate is shifting quality and origins courtesy of continued growth in the USA, issues in Venezuela, Canada and elsewhere plus OPEC+ cuts.
• The outlook for projected refining capacity on-stream early 2020 and then throughout the year has improved.

EnSys and Navigistics are available to address questions of concern regarding impacts of these developments in 2020 and beyond, notably on supply and pricing across marine fuels, non-marine products and crude oils.  If such insights would be of value to you, please advise your interest.

This report, published in 2018 is a comprehensive update to our 2016 Supplemental Report submitted to the IMO. In this report you will find:

• A scrubber penetration outlook.
• The IMO’s planning status as of mid-2018.
• An update to our WORLD-based analysis of the refining and markets impacts with projections for crude and product “supply costs” (open market pricing) through 2020, then 2021-2025 and 2030 by year.

This report which includes extensive detail is now available for free.

This EnSys – Navigistics collaboration, originally authored in 2016, was submitted to the IMO as a Supplemental Marine Fuel Availability Study in the lead-up to the Global Sulphur Cap decision and was presented at the key IMO MEPC70 meeting in October 2016. The Summary Report and Full Report are both available for free.