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If the Price Is Right You Can Sail Away – Ship Owners Respond to New Bunker Fuel Regulations

In January 2015 new international regulations came into force that reduced the permitted sulfur content in ships “bunker” fuel in Northern European and North American coastal regions. The change has required vessels travelling in those zones to use more expensive fuels or install scrubbers to remove sulfur. The changeover was expected to cause a sharp increase in shipping costs but as we discuss in today’s blog, so far the impact has been far less painful than expected, at least so far.

via RBN Energy – Accelerating energy market analytics through collaboration, networking and alliances