Atlantic Basin faces compliant fuel shortages in 2020
In the long list of concerns surrounding the 0.5% sulphur cap, compliant fuel availability ranks between the first and third. With the abrupt fuel shift anticipated on January 1, 2020 Fearnleys' Dag Kilen predicts the Atlantic Basin, rich in HFO because of its simpler refineries, will struggle with compliant fuel shortages as the more sophisticated refineries east of the Suez fare well
Fearnleys’ analyst believes that tanker trade driven by arbitrage could even out regional imbalances in HFO and compliant fuels post-2020
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