- IMO is meeting for its only MEPC session this year ahead of 2020 sulphur regulations which will be affecting shippers and refiners.
- The oncoming regulations will reduce air pollution and prevent 570,000 deaths within 5 years of implementation.
- While ports like Singapore, Fujairah and Rotterdam are all equipped with compliant fuels, the same can’t be said about smaller ports.
- BP and Royal Dutch Shell have already reported low oil production which has further strengthened the case of fuel...
http://mfame.guru/imo-2020-shaking-up-how-shipping-and-the-oil-sector-works/