With the global upper limit on the sulphur content of ships' fuel oil reduced to 0.50% from 1 January under new IMO regulation, the bunkering market structure has definitely changed. Despite the toughened environmental requirements, the shipping industry has not faced insurmountable difficulties so far, operation of Russian ports is normal.
2020 January 24
New fuel regime
With the global upper limit on the sulphur content of ships' fuel oil reduced to 0.50% from 1 January under new IMO regulation, the bunkering market structure has definitely changed. Despite the toughened environmental requirements, the shipping industry has not faced insurmountable difficulties so far, operation of Russian ports is normal.