Global hydrocarbons companies and traders are bracing for higher volatility in fuel markets as they expect refiners to process more light crude oil in the lead-up to new rules aimed at slashing the use of dirty high-sulfur fuel oil in global shipping.
The International Association of Antarctic Tour Operators, IAATO, with over a hundred member organizations held in April its latest annual meeting in Punta Arenas, Chile with a numerous delegation from the Falkland Islands attending given the growing economic significance of the cruise industry and Antarctica tours.