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Oil | Shipping

Infographic: Shifting Currents - IMO2020, past and present

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Windy, wet Tropical Storm Fay makes landfall near Atlantic City, New Jersey

Infographic: Shifting Currents - IMO2020, past and present

Unprecedented times hit the marine fuel market as coronavirus casts a shadow over demand, bucking many expectations for the year that IMO 2020's sulfur cap on marine fuels took effect.

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Concerns over limited supply and price spikes for 0.5% sulfur marine fuel are now a distant memory as the market turns to grapple with muted demand and rising inventories instead.

Related interview: Bunkers market will remain spot-driven: BIMCO

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Infographic: Shifting currents - IMO 2020, past and present