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Oil | Shipping

Marine Fuel 0.5% cash, derivatives prices surge as markets prepare for IMO 2020

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Listen: Marine Fuel 0.5% cash, derivatives prices surge as markets prepare for IMO 2020

Markets are now gearing up for the implementation of the International Maritime Organization's new sulfur cap regulation, which takes effect on January 1, 2020. Shipowners are increasingly taking compliant fuel for sea trials, while traders are lapping up any and all low sulfur components within the region and putting it in storage. S&P Global Platts editors Atsuko Kawasaki and Avantika Ramesh join Rajesh Nair in this podcast to discuss how the preparations are affecting Marine Fuel 0.5% cash and derivatives prices.