The International Maritime Organization has reduced the maximum amount of sulfur in bunker fuels from 3.5% to 0.5%, effective in 2020. Shipping companies will be paying more for fuel as they switch from high sulfur fuels to blends and distillates, but LNG is also emerging as an option.
Jason Silber of Platts Ocean Intelligence chats with Madeline Jowdy, Senior Director, Global Gas and LNG at S&P Global Platts, about the prospects for LNG bunkers heading into 2020 and beyond.
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