Not only will the implementation of a sulphur limit starting in 2020 change the fuel quality and availability but also the economics of shipping and particularly on bunker prices. In total 3 million barrels per day of high sulphur fuel oil Bunkers will need to switch to 0.5% sulphur fuel through blending or hydrocracking leading to higher production costs and thus driving up the fuel cost.

Read more here: Hellenic Shipping News