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TANKERS: IMO 2020 0.5%S ceiling to prompt MR demand: ArdmoreThe IMO 2020 global sulfur ceiling decrease to 0.5% from 3.5% will increase Medium Range tanker demand, as these ships will be moving marine gasoil from the world's refining centers to far-flung bunker consumption areas, Ardmore Shipping CEO Anthony Gurnee said Wednesday.
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