Exhaust gas scrubbers may seem to be the golden ticket to IMO 2020 compliance given recent orders, but the industry is showing otherwise, according to a prominent analyst.
"With a new scrubber initiative revealed seemingly by the day, one would be led to believe that this technology is becoming THE solution to the IMO 2020 model and will temper any price impact on global oil markets," Evercore ISI analyst Jon Chappell wrote in a note to clients.
