With IMO 2020 less than 24 hours away from coming into force owners with scrubbers look likely to be quids up while, those needing to buy compliant fuel on the spot market face high prices, according to analysts.
It’s been one of the most hotly debated questions of the last 18 – 24 months in shipping – whether or not to invest in scrubbers to comply with the IMO 2020 global low sulphur cap for marine fuel.
The Philippines’ domestic shipowners may not be ready to comply with the upcoming IMO 2020 global regulation, according to the Filipino Shipowners Association (FSA).
More than 10% of the world’s containership capacity will be fitted with scrubbers by January 2020 when IMO’s global 0.5% fuel sulphur cap comes into effect, according to analyst Alphaliner.
Iceland will enforce the use of 0.1% sulphur bunker fuels in its territorial waters from 2020, a sulphur cap that is more stringent that IMO 2020.
Ecochlor ceo Steven Candito talks to Seatrade Maritime at Marintec China 2019 about its latest product focused on environmental compliance for shipowners.
The IMO 2020 global low sulphur regulation is less than one month away from coming into force and it is vital that shipowners and managers are prepared for compliance.
Scrubber retrofits have taken out some 839,100 teu of containership capacity, or 3.6% of the fleet, according to analyst Alphaliner.
The Greek government caused a stir as IMO launched its 31st general assembly when the country’s Shipping minister suggested the IMO 2020 sulphur cap ought to be delayed over safety fears.
International Maritime Organization (IMO) secretary-general Kitack Lim says it has to deliver “concrete action” on climate change and other challenges.