Shipowners may be ready for IMO 2020, but the bunker market is not 

The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap comes into force on 1 January next year, according to the Marine Bunker Exchange (MABUX). 
In an article published by international shipping association BIMCO, the bunker exchange cautions that “shipowners are ready, but the bunker market is not” –adding that reports from oil majors regarding the delivery of LSFO (low-sulphur fuel oil) …

The post Shipowners may be ready for IMO 2020, but the bunker market is not  appeared first on The Loadstar.

Source: The Loadstar

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