A number of Singapore’s top shipowners are ready for the transition to IMO 2020 low sulphur fuel with BW Group, Maersk Tankers, Pacific Carriers Ltd, AET, and Pacific International Lines (PIL) all named at an industry seminar on Thursday.
Oil and gas major Shell sees a growing commitment to LNG as marine fuel and bio and synthetic options would make it “a robust step” in meeting IMO CO2 targets.
Right now, the 2020 sulphur cap is on all of our minds. That was especially clear a few weeks ago as I was speaking at a customer seminar in Tokyo. The participants asked a lot of excellent questions, most of which dealt with the same theme: what will next year’s fuels look like and how do we deal practically with the challenges they pose?
Container carrier APL announced that its fleet has achieved a 47.4% reduction in carbon dioxide (CO2) emissions per container transported per kilometre in 2018, compared to its base level in 2009.
Oil major Chevron has revealed that it will offer the IMO 2020-compliant 0.5% sulphur bunker fuel by the end of the third quarter, reports said.
Matson, Inc. has announced that it has begun installing scrubbers on six of its vessels in its Hawaii and China-Long Beach Express services as part of its strategy to reduce emissions in line with the upcoming IMO 2020 regulation.
The premise of DNV GL panel on IMO 2020 at Nor-Shipping 2019 seemed to be that with less than seven months to go certainly at least the top players should be ready, but discussions revealed a lot of issues remain even for those preparing well in advance.
Shipowners opting to use scrubber technology starting 2020 should be prepared to face mandatory scrubber washwater monitoring, according to water quality monitoring technology firm Rivertrace.
The business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulphur fuel oil (HSFO) and low sulphur fuel oil (LSFO) will keep on narrowing, according to Drewry Maritime Research.
As much as 16% of the global containership fleet by vessel count and 35.7% in terms of capacity have been equipped with scrubbers as at end-May, seven months ahead of the implementation of the IMO 2020 regulation, according to Alphaliner data.