The upcoming 2020 rules apply across multiple countries’ jurisdictions to fuels used in the open ocean, representing the largest portion of the approximately 3.9 million barrel per day global marine fuel market, according to the [Read more] [Read more]
By 2020, new IMO fuel rules will require the shipping industry to use fuels with a much smaller sulphur content. Shipping companies say that because a derivatives market for the new fuel has not been [Read more]
The IEA report addresses how LNG markets are reshaping shipping needs. The risk of a lack of timely investment in the LNG carrier fleet could pose a threat to market development and security of supply. [Read more]
As 2020 deadline looms, shippers must commit to one of several costly compliance pathways or face fines, reputation damage, potential loss of insurance coverage Recent moves by the International Maritime Organization (IMO) have signaled a [Read more]
New MARPOL (International Convention for the Prevention of Pollution from Ships) limits on sulfur content in marine fuels starting in 2020 could result in 1-1.8MMb/d of additional refinery runs to produce higher volumes of marine [Read more]
Higher refining runs required to meet MGO demand could weaken gasoline prices Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritime [Read more]
@2020 Energi Media Ltd., | Covering Energy’s Tommorrow
