Dexter Wang, Daniel Colover and Jeslyn Lerh
Editors, oil 
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January 23, 2020 16:02 UTC 
(2)
The Singapore bunker market recorded its highest monthly sales volume for the year in December 2019, and uptake of low sulfur bunker fuel finally brought some optimism back into the market as it falls in line with IMO 2020. The International Maritime Organization’s global sulfur cap, which kicked in January 1, has been the major talking point in the oil and shipping industry for the past three years. |
Calvin Lee
Editorial director, refined products
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December 18, 2019 16:15 UTC
(0)
When the shipping industry counts down to the New year on December 31, markets are unlikely to be in a celebratory mood as global markets will wake up to a whole new shipping regime come January 1: IMO 2020. The new global regulation, introduced by the International Maritime Organization, will see the bunker fuel sulfur limit reduced to 0.5% from January 1, from 3.5%. |
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S&P Global Platts
News editors 
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December 2, 2019 12:21 UTC
(0)
As COP25 kicks off in Madrid, S&P Global Platts editors take a look at the CO2 impact from OPEC oil production. European gas and nuclear, and IMO 2020’s impact on commodities as diverse as fuel oil and iron ore, are also on the agenda in this week’s pick of charts. |
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Jack Jordan and Paul Hickin
Editors, EMEA
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April 1, 2019 08:53 UTC
(2)
Fuel quality is the great unknown for the shipping and oil refining industry. The International Maritime Organization’s (IMO) January 2020 deadline could see the majority of vessel owners switching to cleaner marine fuels incompatible with each other. Other solutions look similarly haphazard. The IMO’s global sulfur limit for marine fuels drops to 0.5% next January from 3.5%, and the industry is developing a wide range of very low sulfur fuel oils, which may be compliant but also vary in other qualities. › Continue Reading |
Arthur Richier
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March 4, 2019 06:34 UTC
(4)
The shipping industry faces a hike in costs and operational headaches as a result of IMO 2020 regulations that will cap the sulfur content of marine fuels. At the same time, new streams of product demand will be created, potentially benefiting some shipowners. The International Maritime Organization’s agreed limit of 0.5% sulfur content for marine fuel will come into effect next January 1 and its ramifications will span the shipping, bunkering, petroleum products and petrochemicals markets. › Continue Reading |
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Barbara Troner and Marieke Alsguth
Editors, Americas tanker markets
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December 12, 2018 11:31 UTC
(5)
Looming 2020 regulations capping marine fuel sulfur at 0.5% have so far benefited manufacturers marketing scrubbers – or exhaust gas cleaning systems, as they are more formally known – but this solution is now being viewed with a more critical eye. At the 12th annual MARE Forum on November 27 in Houston, one of the biggest topics debated by the maritime and shipping market delegates in attendance was the role of scrubbers, which have enjoyed increasing popularity with shipowners in 2018, in meeting the tightening environmental rules. |
Andreas Hilides
Maritime Analyst
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June 19, 2018 14:00 UTC
(10)
It’s been six months since my last 2020 dispatch. Since then, I’ve spent time at major industry gatherings in London (IP week) and Athens (Posidonia) and yet I’m just as uncertain about 2020 as I was then. My only comfort is that judging by my numerous conversations at Posidonia, I’m far from alone. |
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Andreas Hilides
Maritime Analyst
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December 7, 2017 12:00 UTC
(13)
2020: a term that implies clarity of vision. And the 6th Annual Platts Mediterranean Bunker Fuel Conference held in Athens last week certainly featured numerous speakers seeming to claim 20/20 vision on 2020. Yet by the end of the conference I found my own vision to be distinctly blurry. |
Joseph Innace
Platts metals content director, Americas
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December 6, 2017 05:01 UTC
(3)
For the first time since Donald Trump was inaugurated president, more of the benchmark commodity prices tracked by S&P Global Platts since he took office are now slightly higher than when President Obama left. Until November, most prices had struggled to see their averages match — or surpass — the levels on the last day Obama held the office. |
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Joseph Innace
Platts metals content director, Americas
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November 8, 2017 05:01 UTC
(3)
It has been a little more than nine months since President Donald Trump took office, and although most hard commodity prices are lower than the day he was sworn in, there are signs of life. For the first time since July 2, 2015, the price of Dated Brent — driven by strong demand — topped $60/b in late October, pushing its running average during the Trump presidency to $52.28/b. That’s still below the price of Dated Brent the day before Trump took the oath of office — $53.31/b on January 19 — and almost 38% below the $83.63/b average during Barack Obama’s two terms. |
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