Is the Global Shipping Industry Ready for IMO 2020?

The video discusses the impact of supply chain issues on refiners and shippers, focusing on fuel compliance and the challenges of using open loop scrubbers. It highlights the effects of emission control areas on fuel types and scrubber payback periods. The dynamics of the fuel market, including sulfur fuel and distillate cracks, are explored. The video also examines how different types of crude oil affect diesel and gasoline production, and the cost implications for shippers and end users.

What is a major challenge for shippers in complying with new fuel regulations?

• Increasing ship speed

• Reducing cargo weight

• Installing scrubbers in time

• Finding enough crew members

What is a potential consequence of open loop scrubber bans?

• Increased use of high sulfur fuel

• Expansion of scrubber bans

• Reduction in shipping routes

• Decrease in fuel prices

Why is low sulfur fuel required in certain areas?

• To lower shipping costs

• To comply with emission control regulations

• To reduce noise pollution

• To increase ship speed

How does the type of crude oil affect diesel and gasoline production?

• Lighter crude produces better gasoline

• Heavier crude produces better diesel

• Lighter crude produces better diesel

• Heavier crude produces more sulfur

What is a challenge for shippers in passing on fuel costs to clients?

• Clients are willing to pay more

• Clients push back against additional costs

• Fuel costs are decreasing

• Shipping routes are expanding