St. Amand, D.
David St. Amand is President of Navigistics Consulting, a management consultancy dedicated to the maritime and energy fields. He has extensive expertise on marine fuel consumption, marine fuels (including LNG and hybrid fuels) and marine fuel markets. He has conducted global and regional studies of marine air emissions, marine fuel efficiency, marine bunker fuel markets and technical issues for a wide variety of public and private clients. Mr. St. Amand began his career with a major oil company and was technical lead on its tanker energy conservation efforts before moving into crude oil supply. He holds a BS degree in naval architecture and marine engineering from Webb Institute in Glen Cove, New York, and an MBA from Dartmouth’s Tuck School of Business in Hanover, New Hampshire.
Business Trends: Anticipated market and pricing impacts from new marine fuel regulations
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%. The new regulation will go into effect in January 2020. This action by the IMO will have a profound impact on the maritime and refining industries worldwide, as well as on the environment. This month’s Business Trends section provides an overview on the anticipated impacts of the IMO’s decision on petroleum product markets.
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