The International Maritime Organization (IMO) has so far resisted pressure to soften or postpone the implementation of new regulations requiring ships to use bunker fuels with a lower sulfur content from the start of 2020. That has prompted warnings from some analysts that the regulations will squeeze the availability of low-sulfur diesel and jet kerosene required by trucks, trains, aircraft, farmers and industry, resulting in big price increases. The regulations and any associated rise in fuel prices will occur in the run up to the next U.S. presidential election so there is considerable political sensitivity around the timing and cost of the changes. But most IMO members are confident there […]