IMO 2020 Will Lead to More Volatility, Disruption: Ardmore Shipping CEO

The IMO 2020 regulations limit sulfur content in maritime fuel, impacting the shipping industry. Shippers can install scrubbers or use low sulfur fuels, but both options have challenges. The industry is unprepared, leading to potential disruptions and increased demand for gas oil. The regulations affect shipping operations, refining processes, and global fuel supply, causing regional shortages and trade shifts.

What are the new rules introduced by the International Maritime Organization in January 2020 regarding maritime fuel?

What are the potential consequences for shippers who do not comply with the new sulfur content 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 as a result of the new regulations?

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

What impact could the new regulations have on smaller vessel shipping firms?

In what ways might the shipping industry be disrupted by the implementation of IMO 2020?