India, Oct. 10 -- Indian Oil Corporation (IOC) has launched two new marine fuel grades and a lubricant range at the Bunker ConFab 2019, an international bunker meet held at Mumbai. The new range of fuel grades are in line with IMO 2020, the new International Maritime Regulation (IMO) regulation limiting the sulphur content from the current 3.5% to 0.5%.

The new range lubricants have been specially formulated with lower reserve alkalinity, to suit low sulphur IMO 2020 fuels. The new marine fuels shall be available at Indian ports from mid - October 2019.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining &...