The Maritime
Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%Dry Bulk Freight Index3,056 +4.4%Capesize5,033 +6.3%Dirty Tanker Index2,801 -0.1%Panamax2,246 +3.7%Supramax1,643 +0.1%Clean Tanker Index1,353 +0.0%Handysize880 +0.3%
All terms
Regulation & Compliance

Very Low Sulphur Fuel OilVLSFO

Marine fuel with no more than 0.50% sulphur, the compliant fuel for most waters under the IMO 2020 sulphur cap.

Very Low Sulphur Fuel Oil (VLSFO) is a residual marine fuel blended to meet the 0.50% global sulphur limit that took effect under MARPOL Annex VI in January 2020 (often called "IMO 2020"). Inside Emission Control Areas the limit is tighter still at 0.10%.

Ships either burn compliant fuels like VLSFO and marine gas oil or keep burning high-sulphur fuel oil with an exhaust scrubber. The price spread between VLSFO and high-sulphur fuel determines the economics of fitting a scrubber.

On The Maritime

Also known as: VLSFO, very low sulphur fuel oil, IMO 2020 fuel.

Plain-English reference definition — our own explanation of a standard shipping concept, not a licensed source or legal advice. See the full glossary or the broader maritime dictionary.

Last reviewed: June 2026.