Fuel oil, which is distilled from crude oil and often left as residue during the refining process, refers to a range of the least volatile and heaviest of the commercially used fuels.
Some 10% of fuel oil produced is used to power large ships. A further 15% is used for heating and the remainder is used by refineries as feedstock for further upgrading.
Trinity is an active trader in global fuel oil markets and ships over 3 million tonnes of fuel oil every month, about half of which is processed as refinery feedstock. We use storage facilities in Rotterdam, Fujairah, the Caribbean and Singapore to lift high-sulphur, sour oil from Mexico, the Middle East and the former Soviet Union, and low-sulphur, sweet oil from the United States and Europe.