Ships stuck waiting for fuel at Asia hub on rule-shift snarl

Ship owners are waiting longer and paying more to refuel at the Asian hub of Singapore as the industry scrambles to prepare for the implementation of new ship-fuel rules in just a few weeks.
The photo is from 2010 and does not show the ships currently waiting off Singapore. | Photo: Vivek Prakash/Reuters/Ritzau Scanpix
The photo is from 2010 and does not show the ships currently waiting off Singapore. | Photo: Vivek Prakash/Reuters/Ritzau Scanpix
BY ANN KOH & FIRAT KAYAKIRAN, BLOOMBERG

The availability of refueling barges has dwindled as their tanks are scoured so that they will be able to carry cleaner-burning fuels compliant with the new rules, known as IMO 2020, that take effect Jan. 1.

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