EghtesadOnline: Iran's shipping fleet requires at least 40,000 tons of low-sulphur fuels per month to comply with the International Maritime Organization’s new regulations demanding a 0.5% global sulphur cap for marine fuels, managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said.

EghtesadOnline: To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on Jan 1, a refinery will start work in Bushehr Province in the near future, managing director of Kharazmi Technology Development Company said.