Expert Voice.

A podcast series from LR.

Beyond IMO2020: COVID-19, credit lines and coming to terms with a new bunker supply landscape.

January’s implementation of the 0.5% global cap on marine fuels progressed relatively smoothly as most industry stakeholders had done their homework and were prepared for the transition. But the start of 2020 has not been straightforward.

The ferocity of the COVID-19 outbreak and the resulting widespread economic disruption, spreading from east to west, has interrupted supply chains and affected all the main shipping sectors. The months ahead will be testing as businesses grapple with the fallout and inevitable financial challenges.

Having passed the IMO2020 regulatory test, what are the key hurdles facing shipowners and other stakeholders reliant on the bunker supply chain? LR and Petrospot get expert views on what to expect in the months ahead.

Published 12 May 2020.

About Lesley our Expert Voice host.

Lesley Bankes-Hughes is an experienced editor, news journalist and features writer. After a number of years as business editor at Jane’s Defence Weekly, she worked for the International Stock Exchange and Euromoney Publications. She also established a specialist newsletter covering European corporate mergers and acquisitions.

At Petrospot, she is Publishing Director and Executive Editor of Bunkerspot. She has taken a lead on editorial projects relating to the marine fuels sector since 2007.

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Participants
Lars Robert Pedersen
Deputy Secretary General/COO at BIMCO

Cowan Lee
Global Marine Fuels Marketing Manager, ExxonMobil

Mads Bjornebye
Manager Bunker Services, Teekay Shipping

Beth Bradley
Partner, Hill Dickinson

Douglas Raitt
Global FOBAS Manager at Lloyd's Register

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