The International Maritime Organization (IMO) will decide in October whether to bring forward the implementation date for stricter sulphur emission limits for the global shipping industry. The move is eagerly awaited by industry players as it would spur the use of gas for transport.
If the IMO decides to bring the date forward it could have a drastic impact on the demand for fuel oils as a maritime fuel as they have higher sulphur levels than gas.
The meeting will decide if the new 0.5% cap will...
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