Overview: What is "IMO 2020?"
Shipping investors have rallied around "IMO 2020" as a positive factor for the past few quarters with the broad viewpoint that disruptions surrounding the preparation and implementation of this regulation would lead to spikes in rates from mid-2019 throughout the majority of 2020.
The IMO is the International Maritime Organization, an agency of the United Nations tasked with regulating shipping and reducing pollution. IMO 2020 specifically is a major regulatory move aimed at sharply reducing the pollution of sulfur oxide. See below for a quick video overview of the