Will IMO2020 Benefit U.S Oil Refiners?

• Ship Implementation Plan is required for IMO 2020 compliance.
• Tank cleaning and fuel oil changeover are complex activities.
• Ship owners turn tanks in 3Q and 4Q 2019.
• Complex refiners such as Valero will begin to benefit in 2019.

An article in Seeking Alpha reports how the U.S oil refiners will be benefited from IMO 2020.

From January 1, 2020, the International Maritime Organization (IMO) will limit the sulfur in fuel oil used on board ships operating outside designated...

http://mfame.guru/will-imo2020-benefit-u-s-oil-refiners/