The Commodity Trading Association was created in Geneva in 2012. Its members were awarded the Diploma of Advanced Studies (DAS) or the Master of Science in Commodity Trading (MAS) at the University of Geneva (Switzerland). The CTA Committee organizes social events for its members as well as public events on the topics of shipping and trading.
2019 CTA Conference
The International Maritime Organization (IMO) is implementing a global sulphur cap for marine fuels that will have a significant impact on shipping and commodity markets. On January 1st 2020, ships will have to use marine fuels with a sulphur content of no more than 0.50% against the current limit of 3.5% in order to reduce the amount of sulphur oxide. Shipowners have several options to comply with the new regulations. But all these solutions imply higher freight rates.
How would this affect commodity flows? Would this be a catalyst for a global recession? How the switch to low sulphur fuels will affect the oil market and flows?
“Knowing is not enough; we must apply. Willing is not enough; we must do.
