Jinhui opts for low sulphur fuel oil to meet 2020 regulation
Jinhui is in the black for the second quarter as improved charter rates help the bottom line. The company said that it would choose low sulphur fuel oil to meet IMO's 2020 regulation as the long-term technical and commercial viability of scrubbers is yet to be proven.
The company remains cautious about the global political uncertainties and expects trade tensions to get worse before they get better