Real balances in fuel market may remain unclear until mid-2020
There will be enough product available globally for shipping companies to comply with the 2020 sulphur cap, Minerva Bunkering chief executive Tyler Baron said. But added costs and different quality of the fuels adds a certain degree of complexity. Amidst these uncertainties, he also expects trading credit to be squeezed during the transition to 2020
Minerva Bunkering chief executive questions if the large quantities of stockpiled low sulphur fuel oil are reflected in paper markets today