Intl Seaways CEO: We Have Passed the Bottom for Tanker Rates

The video discusses the impact of the IMO 2020 regulations on the shipping industry, focusing on the reduction of sulfur content in maritime fuel. It explores the options available to shippers, such as installing scrubbers or using low sulfur fuels, and the economic implications of these choices. The video also highlights how International Seaways is preparing for these changes by investing in scrubbers and positioning their fleet strategically. Additionally, it covers the expected market dynamics and opportunities arising from these regulations.

What challenges do refiners face in meeting the demand for low sulfur fuels?

What strategies has International Seaways implemented to prepare for the IMO 2020 regulations?

What is the estimated payback period for installing open loop scrubbers according to the CEO of International Seaways?