11OCT2019 - NEWS - 50% of public tanker companies have opted for scrubbers

There are approximately 30 public limited tanker companies trading on the world’s stock exchanges. Each of these has a management team that must justify its decisions to shareholders. At this point in time, there are fewer bigger decisions for a management team than which IMO 2020 strategy to adopt. The choices are:

Retrofit scrubbers and burn high-sulphur fuel oil
Burn low-sulphur or blended fuel
Burn distillates
Ignore IMO 2020 and carry on burning high-sulphur fuel

Potential investors in public tanker companies will be aware of the IMO 2020 fuel transition and may include this in their investment risk analysis.