Marine fuel price spreads widen ahead of 2020 cap on sulphur content
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
