IMO 2020 brings cheer to product tanker market
There is a strong possibility that the International Maritime Organization’s new bunker rules will create meaningful benefits from IMO 2020 implementation, but just when that benefit will materialise is unclear, according to analysts Stifel
Basic supply-demand balance has reached a tipping point in the product tanker market and IM0 2020 is just the icing on the cake, or perhaps several layers of icing on the cake, Stifel says
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