- China may delay 2020 implementation in order to counter coronavirus impact
- Chinese shipping association calls for this technical adjustment for a few months
- Not all are convinced as the government fears the country may lose face at the global forum
- China’s LSFO advantage can be affected by this.
- Major Chinese oil giants fear that they will lose the LSFO demand race.
- The final decision on sulphur cap and other measures like tax cuts and subsidies will be taken by next week.
https://mfame.guru/china-to-revert-sulphur-cap-implementation-to-counter-coronavirus-impact/