France’s Total is readying to make 0.5% sulphur content fuels available at major bunkering ports from the fourth quarter of this year ahead of the IMO 2020 regulation, and the state oil firm is projecting a gradual global uptake of LNG as a marine fuel.
California-headquartered Chevron Oronite has introduced a new marine cylinder lubricant additive package specially designed for ships operating with less than 0.5% sulphur fuels when the IMO 2020 kicks in.
IMO 2020 continues to dominate discussions in shipping the annual Capital Link conference in New York this week was no exception providing a variety of perspectives from across different sectors of shipping even if there an acknowledgement that “nobody knows” precisely what will happen.
Nordic American Tankers (NAT) has underscored its belief that scrubbers are not the right solution for it to comply with IMO 2020, flagging up restrictions of use and possible bans on exhaust gas cleaning systems by some ports.
Oil major BP has announced that it will begin to sell very low sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5% that meets the upcoming IMO 2020 regulation, following successful sea trials in the Amsterdam/Rotterdam/Antwerp (ARA) and Singapore hubs.
Greek containership owner Euroseas plans to burn low sulphur fuels to comply with the IMO 2020 0.5% sulphur cap.
Against a backdrop of a gloomy outlook for container trades Bimco analyst Peter Sand warns a failure by lines to pass increased fuel costs from the IMO 2020 sulphur cap could result in bankruptcies.
The scale of the challenge facing ship operators as they prepare bunker tanks for new low-sulphur fuels ahead of the IMO’s 2020 sulphur cap may have been underestimated, according to some marine fuel experts.
London-based Greek shipowners have urged the IMO to bring together oil companies, marine equipment makers and classification societies to guarantee fuels created to comply with 2020 environmental rules do not damage engines and cause accidents.