A major shipping change is coming, and so are higher fuel prices
In less than two weeks, the IMO's global sulfur regulations take effect, forcing shipping companies to lower their ships' sulfur emissions. The regulations will have a profound impact on the industry as a whole and could increase the cost of global seaborne trade.
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By Firat Kayakiran, Jack Wittels and Rachel Graham, Bloomberg
A defining moment in the history of the oil-refining and shipping industries is at hand.
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