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November 27, 2019

Volume 2 Issue 49

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Lube Report Americas is the free weekly e-newsletter; featuring regional breaking news, base oil prices and shipping reports

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IMO 2020 Approaches

With the IMO 2020 regulation on marine fuels scheduled to take effect in just over a month, vessel operators and ports are still preparing for compliance. Industry insiders say some shipping will require more time to conform to the new requirements. Analysts also predict fallout for the base oil market, saying the regulation will probably force some plants to close.