On January 1, 2020, the IMO (International Maritime Organization) will be implementing a cap on the amount of sulphur in fuel oil used on board ships (without exhaust gas cleaning systems—or scrubbers).
This upcoming bunker specification change will be the biggest upheaval the refining and shipping industries have ever faced. Indeed, it will have an impact on everyone involved in the supply of fuel oils, from crude oil producers to traders and terminal operators.
FGE’s independent analysis explores, in-depth, the future of bunkering, with a deep dive on the upcoming IMO bunker specification changes. We use our proprietary bottom-up supply and demand models as a foundation for examining the options available to shippers, refiners, and bunker suppliers.
In addition, we also leverage our extensive expertise in refining and oil markets, as well as our longstanding client relationships across the refining, trading, and shipping sectors to provide insights on IMO 2020.