Will new 2020 maritime emission standards trigger the next recession?

[braumeister]

Diesel and gasoline both come from the same barrel of crude oil. Typically, a refinery produces about 20 gallons of gasoline and 12 gallons of diesel from a 42 gallon barrel of crude, among other products.

So if demand for diesel jumps, they will make more of it, and the cost of both will rise accordingly.

 

[Totoro]

Not worried, impact may happen for a short period, but no biggie.

https://www.tankershipping.com/news...ating-the-cost-of-tanker-compliance_52055.htm

Had a radio show here discussing this here a while ago. One fleet owner was going to switch, the other one was going to install scrubbers everywhere.

Depends on fleet size, age, room on the vessel etc .. it should push up cost of shipping a little bit, but a one year payback period (at current estimated prices) mean it's not that much relatively speaking.

Shipping prices as trigger for recessions is laughable. It's the other way around.