Teekay Tankers, the oil and products shipping arm of Teekay Corp. and affiliate of Teekay LNG, said the company had made extensive preparations to meet the International Maritime Organization cap on sulfur emissions set to come into force on January 1.
Singapore, a major global supplier of marine gasoil and diesel oil fuel to shipping in Asia, said it was speeding up preparations to provide more LNG as well as cleaner traditional fuels to meet stricter emission regulations coming into force in 2020.