Shipping sector braces for emissions storm
Is the fuel oil market ready for tighter carbon and sulphur emissions rules on shipping?
Tighter emissions regulations are set to cause a revolution in the shipping fuel market over the next few years, with plans now in place for carbon emissions cuts and tougher regulations on sulphur emissions increasingly likely to come into force in 2020. A compromise agreement reached by member states of the International Maritime Organisation (IMO) in London on 13 April has paved the way for carbon emissions cuts of at least 50% by 2050, compared with 2008 levels. A more stringent target had been sought by the UN shipping agency but this was scaled back due to concerns among countries including India, Brazil and the US over the impact of higher costs on trade. Nevertheless, the deal is sig
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
