For the purpose of facilitating smooth and consistent implementation of the global 2020 sulphur cap.
Discusses latest IMO 2020 preparations from regulatory, fuel availability, ISO and technical groups.
Predicts initial 2020 marine fuel demand to consist of 80 million mt for MGO, and 60 million mt for 0.5% sulphur bunker blends.
Contracts expected to launch on February 4, 2019 subject to completion of relevant regulatory processes.
The release of sulphate from open-loop scrubbers are not harmful to the sea, firm explains.
Expects issues become more acute after implementation of 2020 global sulphur cap in marine fuels.
Taiwan’s Ministry of Transportation and Communications provides maps of affected ports.
‘MPA provided neither scientific evidence for its decision nor was the industry invited to consultation.’
To enter charters for six scrubber-retrofitted vessels, beginning after installation, with duration into 2022.
Enters into agreement to purchase scrubber systems for 42 vessels in 2019 and 10 vessels in 2020.
