Fuel spikes expected from sulphur cap on shipping
Energy Risk Asia: IMO 2020 will save lives, but also impact entire energy complex
A tighter global cap on ships’ sulphur emissions from January 2020 is expected to reverberate far beyond the transportation sector to impact supply, demand and pricing across the energy complex as marine freight firms explore methods of compliance.
Panellists at this week’s Energy Risk Asia conference discussed the International Maritime Organisation’s (IMO) decision to reduce the global cap on the sulphur content of fuels used by ships from 3.5% to 0.5% from January 1, 2020.
Tarun Dhingra
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