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.
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"IHS Markit: IMO low-sulfur regulations leave shippers and refiners scrambling to respond"
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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/