# IMO 2020 credit risks to cascade across marine fuel supply chain - FreightWaves

> FreightWaves reports that credit risks are rising across the bunker fuel supply chain ahead of IMO 2020, citing SeaCred's comments that prices could double. Suppliers and traders are raising credit lines and weighing counterparty risk.

- Date: 2019-06-14 · published 2019-06-14T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/58774-imo-2020-credit-risks-to-cascade-across-marine-fuel-supply-chain-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Possible doubling of marine fuel prices and credit strains could raise ocean freight costs and disrupt bunker supply, feeding into feed-ingredient shipping rates.

## Read by commodity

- DIESEL: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-02-18 | [Diesel fuel in short supply in Texas; prices on the rise - FreightWaves](https://feedsoft.ai/events/48825-diesel-fuel-in-short-supply-in-texas-prices-on-the-rise-freightwaves.md) | +4.0% | +3.4% |
| DIESEL | 2019-02-08 | [Port Report: Coastal shift in U.S. container trade might be in cards for 2020 - FreightWaves](https://feedsoft.ai/events/60490-port-report-coastal-shift-in-u-s-container-trade-might-be-in-cards-for-2020.md) | +3.8% | +5.3% |
| DIESEL | 2018-09-19 | [Monthly Market Update: Florence impacts, macroeconomics, and IMO 2020 - FreightWaves](https://feedsoft.ai/events/63230-monthly-market-update-florence-impacts-macroeconomics-and-imo-2020-freightwaves.md) | +3.1% | +4.7% |
| DIESEL | 2021-07-11 | [Fuel costs push rates higher faster in 2021 - FreightWaves](https://feedsoft.ai/events/46244-fuel-costs-push-rates-higher-faster-in-2021-freightwaves.md) | -2.1% | -3.4% |
| DIESEL | 2021-02-19 | [Traders rush to supply fuel to the U.S. as Texas freeze bites](https://feedsoft.ai/events/48823-traders-rush-to-supply-fuel-to-the-u-s-as-texas-freeze-bites.md) | +4.0% | -3.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/imo-2020-credit-risks-to-cascade-across-marine-fuel-supply-chain

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.