A series of topics await discussion at upcoming Marine Environment Protection Committee meeting.
Oil and product tankers are scheduled for delivery from October 2018 to 2019, it says.
Ban lessens the chances of investments being undercut by less scrupulous operators looking to burn non-compliant fuels.
‘At the moment nobody is really doing anything,’ says vice president of Wood Mackenzie business unit.
‘A drastic step-change is expected in 2020 and if a smooth transition is not ensured, the impact will be great,’ it notes.
‘We plan to fully leverage what has become an improved market through multiple opportunities,’ says Chairman and CEO.
The ban for carriage of high-sulphur fuels, if approved, will be adopted in October and come into force in March 2020.
‘In reality, the chances of postponing the Sulphur Cap 2020, are very, very small,’ explains Executive Director.
‘We do not think that sulphur scrubbers are an effective solution either technically or environmentally,’ says Chairman.
The Guidelines for exhaust gas cleaning systems will be updated to clarify a number of issues.
