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.
Star Bulk Carriers is continuing to expand acquiring the fleet of 11 vessels owned by Delphin Shipping LLC for $139.5m in a cash and equity deal.
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.
Following the Marine Environment Protection Committee 74 (MEPC 74) meeting last week the International Maritime Organization (IMO) has published guideline adopted for the 2020 sulphur cap online.
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