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The bunker market is far from ready for the substantial switch in demand to low-sulphur fuel, when the IMO’s 0.5% cap comes into force on 1 January next year, according to the Marine Bunker Exchange (MABUX). 

In an article published by international shipping association BIMCO, the bunker ...

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  • Distrait

    June 17, 2019 at 2:15 pm

    Look like refiners are not believing IMO2020 will come in force. What do they will do with extra HSFO stocks :
    – sell to another industry ? …then sorry for the planet
    – desulfurize unsold stocks ? …then how do they will dispose extra sulfur ?
    This long silence gives the feeling that lobbies are still in action hoping some delay before the switch