How will Emission Control Area changes affect fuel oil demand in the Mediterranean?

Since the start of 2015, the International Maritime Organization (IMO) has restricted vessels travelling through designated Emission Control Areas (ECA) from using fuel oil bunkers with a sulphur content of over 0.1%. The designated zones include the Baltic Sea, North Sea, North America and the US Caribbean Sea. On 1st January 2020, IMO further capped …

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