Higher freight rates related to the transportation costs of products and feedstock pricing of refineries.
Processing agreement forms ‘cornerstone’ in Maersk’s fuel sourcing strategy for IMO 2020 sulphur cap.
Deliveries will be conducted via the MFM-equipped bunker tanker Golden Jubilee from 1 March 2019.
IMO 2020 legislation will produce two-tier charter market – scrubbers installed versus no scrubbers.
‘Many will hope that states will be more lenient during the initial period following January 2020,’ it says.
‘Shipowners must urgently prepare their ship specific implementation plans for 2020,’ says Esben Poulsson.
IMO 2020 regulations to roil oil markets, creating market uncertainty and higher costs, says new report.
‘Not possible for refiners to make significant investments in order to be ready for January 2020,’ says MD.
‘This is a big project that I think many people are taking very seriously and certainly us included,’ says DHT.
Sharing of information and fuel data will be vital in helping to ensure that quality issues are addressed.
