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2020: The outlook on LNG Bunkering
The International Maritime Organization has reduced the maximum amount of sulfur in bunker fuels from 3.5% to 0.5%, effective in 2020. Shipping companies will be paying more for fuel as they switch from high sulfur fuels to blends and distillates, but LNG is also emerging as an option.Jason Silber...
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By S&P Global Commodity Insights
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The International Maritime Organization has reduced the maximum amount of sulfur in bunker fuels from 3.5% to 0.5%, effective in 2020. Shipping companies will be paying more for fuel as they switch from high sulfur fuels to blends and distillates, but LNG is also emerging as an option.Jason Silber...
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