Marine Fuel Glossary
Plain definitions for the terms that appear in bunkering, fuel quality and marine fuel trading coverage.
Fuels and grades
- VLSFO — very low sulphur fuel oil, ≤0.50% S.
- HSFO — high sulphur fuel oil, typically ~3.5% S, used with exhaust gas cleaning.
- ULSFO — ≤0.10% S residual fuel for emission control areas.
- MGO / DMA — marine gasoil, a distillate grade.
- Bio-blend — conventional fuel blended with a biofuel component, commonly B24 or B30.
Quality and testing
- Cat fines — aluminium and silicon catalyst particles that cause abrasive engine wear.
- Compatibility — whether two fuels can be commingled without precipitation.
- Off-spec — a delivery outside contractual or ISO 8217 parameters.
- MFM — mass flow meter, used to measure delivered quantity at some hubs.
Commercial terms
- Stem — a confirmed bunker order and its delivered quantity.
- Delivered premium — the cost above the cargo benchmark for a delivered bunker.
- Ex-wharf — supply taken at the terminal rather than by barge.
- Bunker-only call — a port call made purely to stem fuel.
Regulation
- ECA — emission control area with stricter sulphur limits.
- IMO 2020 — the global 0.50% sulphur cap in force since January 2020.
- EU ETS — the emissions trading system, extended to maritime shipping.
- FuelEU Maritime — regulation targeting the greenhouse gas intensity of energy used on board.
- CII — carbon intensity indicator, an operational efficiency rating for vessels.
Operations
- Scrubber — exhaust gas cleaning system enabling compliant use of HSFO.
- Debunkering — removal of fuel from a vessel, typically after an off-spec delivery.
- Sludge — separated residue from fuel treatment.
- Barge waiting time — delay before a bunker barge can deliver, a key hub reliability metric.