Alphatanker says US opposition poses the greatest threat to the introduction of the 2020 IMO global sulphur cap.
Efforts to delay the legislation could be ramped up given Donald Trump’s concern that it could trigger a spike in fuel prices with a presidential election due in November 2019.
The 0.5% sulphur cap is increasingly on Trump’s radar, says Alphatanker.
It is feared that if any increase in global gasoil prices feeds through to road and rail freight, where ultra low sulphur fuel is used, the higher cost will be passed on to consumers.
