Regulatory Impacts of IMO 2020
IMO 2020 compliance requires a massive change that will demand rapid adjustments across the global fuel supply chain to comply with the 1 January 2020 deadline. The landmark decision by the International Maritime Organization already has begun to exact far-reaching consequences on shipping company operating costs, global freight rates, shipping economics, scrubber demand, accelerated ship scrappage and more.
Our goal is providing energy and marine professionals, as well as investment, equity and trading leaders, with the information and decision-making support they need to minimize risks, disruptions and potential costs and facing their organizations during this market readjustment.
To help our customers navigate the route to reach new IMO 2020 standards, IHS Markit has compiled an IMO2020 Resource Center, here where you can find up-to-date data, issue analysis, consultation opportunities, forecasts and other resources you need without delay. Our in-depth research and sensitivity analysis includes six probabilistic alternative scenarios showcased in our recent multiclient study, Navigating Choppy Waters – Multiclient study on marine bunker fuel in a low sulfur, low carbon world.
We invite you to bookmark this page and check back regularly for our latest research, forecasts and thought leadership on the IMO sulfur cap and the outlook for marine fuels.