Refiners, Shippers Face Uncharted Waters of Low-sulphur 2020 Rule

Fast forward to the IMO 2020 deadline, international shipping is looking at huge wave.
The refiners and manufacturers are holding their cards with most of them not revealing a proper strategy.
As fuel oil demand decreases by 40%, the gas oil bunkering demand is expected to increase by 120%
The simultaneous use of new technologies and fuels remains a unchartered territory.
The recent €170m deal by the Engine maker Wartsila shows the growing reliance on scrubbers.

As the new rules kick in on 1...