IMO must start work now on the planned study of how much low sulphur fuel is globally available, believes The International Chamber of Shipping (ICS).
“It is essential that a global fuel availability study is carried out sufficiently in advance of 2020 in order to give the refiners adequate time to invest and react. The major refinery upgrading required could take a minimum four or five years, perhaps longer, and we fear that completing the study in 2018 would simply be too late,” states ICS Secretary General Peter Hinchliffe in a press release.
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