Sea Change Is Coming to Shipping That Could Roil the Industry

The IMO 2020 regulations limit sulfur content in maritime fuel, impacting shippers and refiners. Shippers can install scrubbers or use low sulfur fuels, both costly options. Fuel supply is tight, leading to high diesel margins. Companies face financial challenges, with some benefiting and others struggling. The regulations are set to transform the shipping industry.

What are the new rules introduced by the International Maritime Organization regarding maritime fuel?

What are the potential consequences for shippers who do not comply with the new maritime fuel regulations?

What are the two main options available for shippers to comply with the new regulations?

How might the demand for low sulfur compliant fuels change according to analysts?

What impact do the new regulations have on the shipping industry and refiners?