The IMO 2020 sulphur emissions cap is fast approaching. This dramatic regulation change is set to impact global shipping and refining industries.
To ensure you have the information needed to make informed decisions, our Consulting Team are publishing a series of short blogs discussing key topics the market is talking about. If you missed them first time round, you can access them all here.
This first blog looks at how the transition to low sulphur bunker fuels might progress over the next few months. We consider key aspects of this shift, including operational and infrastructures changes, how prices could react, when supply of new products is likely to begin in earnest and how demand from shippers will develop.
This blog takes deep a dive into the production of 0.5% fuel oil blends. Here we examine what are expected to be the most common blend stocks and where they will be produced. We also look at potential stability and compatibility issues between fuels suppliers.
The third blog looks beyond the bunker market to how IMO 2020 is set to have an impact across the barrel. We’ve gathered Argus experts on naphtha, gasoline, diesel, jet, bitumen, base oils and sulphur to discuss how this regulation change is making waves far beyond the shipping market.
Blog 4 examines how the reduction in the bunker sulphur limit could lead to changes in crude price dynamics. We look at how sweet/sour differentials could develop by examining key crude grades.
Blog 5 looks beyond 2020 to how the market will return to an equilibrium over the next few years. We discuss the health of the refining system in the short to medium term post 2020 and highlight some of the key market changes to keep an eye out for.