TNK - Frontline Nordic American DHT Holdings And Teekay Shares Rip Skyward

The London-based International Maritime Organization ((IMO)) is hardly a household name. The IMO is a United Nations body responsible for the regulation of international shipping across the world’s seven seas. In addition to safety, maritime security, shipping efficiencies and legal oversight, the IMO remit includes environmental protection, a mandate that is expected to impose significant market reordering in the New Year. A 2016 decision to require the sulphur content of bunker fuel for the world’s 60,000 ocean-going commercial shipping fleet to fall from 3.5% to 0.5% promises to be both far-reaching and impactful on myriad