Switching fuel is more important than it seems
Upcoming regulations on fuels in the maritime industry will have major effects far beyond shipping companies, with reverberations throughout the oil industry.

The International Maritime Organization has passed new regulations for ships around the world requiring them to use 0.5% sulfur fuel, a major drop from the 3.5% allowed currently.

OPEC presented its analysis of the situation in its World Oil Overview released this week. According to the cartel, ships have three options for complying wi...


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