by Anniek Sluis
Many are rightly preoccupied with the upheaval the lowering of the global fuel sulphur content cap, from 3.5% to 0.5%, will bring on 1 January 2020.
This sweeping regulation is set to cause a spike in crude and fuel prices, even provoking US President Trump's intervention to slow its implementation, further confusing shipowners that are seeking to identify the best option to meet compliance in an already capital-starved market.
As such, shipping is facing unprecedented challenges in terms of its fuel supply chain. A perfect storm is forming on the horizon and those inclined towards innovation are planning to take advantage of it.