IHS Markit: IMO low-sulfur regulations leave shippers and refiners scrambling to respond
Published by Nicholas Woodroof,
Editor
Tanks and Terminals,
Recent moves by the International Maritime Organization (IMO) have signalled a strong determination by the sanctioning body to strictly enforce a tightening of marine fuel low-sulfur regulations, which will result in a period of huge upheaval in global oil markets, extraordinary margins for some oil refiners, and a potential doubling of fuel costs for shippers, according to new analysis from IHS Markit.
To read the full article
"IHS Markit: IMO low-sulfur regulations leave shippers and refiners scrambling to respond"
Please sign in or register for FREE
Sign in »
Register for free »
Get started absolutely FREE in 2 minutes, plus receive a free printed magazine.
Read the article online at: https://www.tanksterminals.com/special-reports/12062018/ihs-markit-imo-low-sulfur-regulations-leave-shippers-and-refiners-scrambling-to-respond/
You might also like
Hydrocarbon Engineering Podcast
Peter Davidson, CEO of the Tank Storage Association (TSA), joins us to discuss the essential role that the tank storage sector has to play in ensuring supply security and resilience, as well as in facilitating the energy transition.
Woodside and Aramco sign collaboration agreement
Woodside Energy Ltd (Woodside) and Aramco entered into a non-binding collaboration agreement to explore global opportunities, including Aramco's potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.