Plans to fit majority of fleet with scrubbers as ‘cost-efficient way’ to meet 2020 sulphur regulations.
Offers pragmatic approach focusing on ‘willful non-compliance’ of sulphur regulations.
BIMCO argues for clear regulations for when and where the samples for fuel in use are taken.
Chris Hudson of Freight Investor Services outlines the looming regulatory changes, how they will be implemented and the solutions the shipping sector could adopt.
Updates on fuel supply chain, IMO, progress of ISO 8217 and 0.50% VLSFO quality concerns.
Guidance comes ahead of the International Maritime Organization’s 2020 0.5% global sulphur cap.
Advises on a uniform approach to fuel oil testing and reporting protocol to verify sulphur limits.
Necessary to clean ships’ fuel oil tanks and fuel oil service systems prior to 1 January 2020.
Final investment decision of the project is expected in 2019, with start-up anticipated in 2023.
Firm creates webpage comprised of a fuel option evaluator and guidance documents for shipowners.