Related Articles
Forward article link
Share PDF with colleagues

IMO 2020 to beckon in a new reality

The new regulations are poised to change shipping markets forever. Some participants may handle the new regulatory environment better than others

IMO 2020 will radically change shipping market supply/demand dynamics. The basis of the new regulations is simple–to reduce sulphur emissions by tightening the requirements around allowable fuels any given seagoing vessel can burn. In technical terms, this means cutting sulphur content to 0.5pc, down from 3.5pc at present. High sulphur fuel oil (HSFO) demand will, in part, be forced to shift towards cleaner alternatives, namely marine gasoil and low sulphur fuel oil (LSFO). LNG is also an option, albeit uptake will be limited.  Advantage West Africa  A barrel of crude oil is associated with a wide variety of classifications that can range from light-sweet (thin, low sulphur) to heavy-sour



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Letter from South America: Bolivia's shrinking gas role
21 January 2022
Declining production and cheaper LNG threaten the country’s role as gas supplier to its neighbours
US LNG eases European storage crisis
20 January 2022
The US is set to play an even larger role in the global gas market this year, with the country gearing up to overtake Australia as the world’s largest LNG exporter
Wintershall Dea quits Brazil, Argentine shale
20 January 2022
The German independent is overhauling its Latin American portfolio
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video