The International Energy Agency (IEA) disclosed that it had changed its view on IMO 2020 fallout and now believes that the IMO 2020 implementation could well be much smoother than expected, reports American Shipper.
Diesel prices sparkThe disaster scenario for the International Maritime Organization’s 2020 fuel rule (IMO 2020) goes like this: Ships without exhaust-gas scrubbers must switch en masse to more expensive low-sulfur fuel on Jan. 1.
To meet demand, refineries produce more...
http://mfame.guru/imo-2020-implementation-could-be-smoother-than-expected-says-iea/