British freight forwarders and logistics companies are up in arms over container line sulphur surcharges ahead of the 2020 sulphur cap describing them as “blatant profiteering”.
The Chinese authorities have accelerated the phasing in of the Yangtze River Delta Emission Control Area (ECA).
In line with a number of other vessel types there has been a surge in orders for scrubbers for containerships to meet the requirements of IMO's 2020 0.5% sulphur cap, according to analyst Alphaliner.
Last year saw a jump in quality issues related to marine fuel according to bunker tester VPS, and this trend could continue forward to 2020 when the sulphur cap comes into force.
The IMO is moving towards ships being banned from carrying fuel with greater than 0.5% sulphur content from 2020 unless a scrubber is fitted.
IMO secretary-general Ki-Tack Lim underscored the organisation’s commitment to enforcing the 0.5% sulphur cap on marine fuel from 2020, and in a warning for those hoping for a reprieve said “There is no turning back!”
The shipping industry caught off guard last October when the IMO decided to mandate the use marine fuel with a maximum of 0.5% sulphur worldwide from the start of 2020 rather than the widely expected date of 2025.
A high-ranking member of the UAE’s shipping community has hit out at the IMO decision to implement a low sulphur cap on marine fuels by 2020.
Bunker prices could jump by more than $200 a tonne “overnight” when the new IMO 0.5% sulphur cap comes into force in 2020, but the new regulation is not all gloom for the tanker sector.