|Symbol||Name||Last Close||Mkt Cap||DailyStocks'
|IMOS||ChipMOS TECHNOLOGIES INC.||$14.17||$512.11M||N/A|
A weekly look at what occurred in the oil markets of the U.S. and the world this past week and what's ahead. From left to right: Michael Winstone, Freepoint Commodities; Ananth Srinivasan, V-Tic Services; Giacomo Rispoli, Eni; Ralph Grimmer, Stillwater Associates; Richard Swann, S&P Global Platts
It's going to be OK.
The global sulfur cap for marine fuel goes into effect in just six and a half months.
The threat to the trucking industry from the IMO 2020 regulation has always been whether the new rule affecting marine fuels is going to pull so much product from the distillate/diesel supply chain that the pain at the pump affects both trucking capacity and the bottom line for carriers big and small.
On 13 May delegates attending the International Maritime Organization's (IMO) week-long committee meeting on the marine environment and shipping were greeted by the Extinction Rebellion comically moving deckchairs on an imaginary sinking ship.
Among the topics to be taken up by this week's meeting of ocean shipping's international regulator will be how the industry can lower its carbon dioxide output.
One increasingly talked-about method is reducing ship speeds. Lower speeds reduce a ship's overall fuel use, thereby reducing its carbon dioxide output.
Delegates at the International Maritime Organization's meeting on the marine environment have started their week long meeting that includes discussions on the implementation of the IMO 2020 sulfur cap, with a lengthy debate on process following interventions that sought
Meeting the IMO 2020 sulfur regulation should not be a problem for owners when the regulation enters into force in January 2020 but making certain that the enforcement of the regulation is uniformly applied across the globe could prove problematic.
The trucking industry should keep a close eye on the forward curve of low-sulfur diesel fuel as implementation of IMO 2020 nears, according to speakers during the third day of Transparency19.