Diesel-reliant miners forecast to feel the brunt of the sulphur cap
Ocean freight is forecast rise in dry bulk trades because few vessels are likely to have scrubbers and the supply of very low-sulphur fuel oil is forecast to be limited. This will lead to cost rises owing to the need to pay for higher-priced fuel, the energy research consultancy said
The trades with the highest tonne-mile will suffer the most, with the Brazil-China trade singled out as likely to be the worst affected