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IMO 2020 Expected To Increase The Base Oil Freight Costs

Effective from 1st of January 2020, the new International Maritime Organization Low Sulphur Regulation (IMO 2020) is expected to have an impact not only on the African lubricants market but on the global lubricants market.

With over ten years’ experience in supplying base oils and lubricant additives to the African market, Shamrock was invited to offer a commentary. Céline Boutier, director of Shamrock, shares her expertise in one of the latest Lube Report EMEA newsletters, on what’s considered to be a historic turning point for all involved in the refining, trading and shipping industries.

Read the full article here.