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IMO says smooth transition to IMO 2020

Information from various sources has indicated a relatively smooth transition to the 0.50% sulphur limit. Prices for compliant fuels – very-low sulphur fuel oil (VLSFO) and marine gas oil (MGO) rose quickly initially but now appear to be stabilizing.

Logistics bosses expect recession in 2020

According to the 2020 Agility Emerging Markets Logistics Index, industry executives anticipate a recession in 2020 amid concerns about downward pressure on global trade volumes,