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Marine fuel price spreads widen ahead of 2020 cap on sulphur content
Published Wed, Oct 24, 2018 · 09:50 PM
Singapore
MARINE fuel price spreads have moved significantly, just one sign of the rough ride facing ship owners and refiners in the months leading to the implementation of a green shipping regulation.
In October 2016, the International Maritime Organization (IMO) announced its decision to stick to its plan to enforce by 2020 a global cap limiting sulphur content in marine fuels to 0.5 per cent, down from 3.5 per cent previously.
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