‘This proposal is an attempt by the European Commission to push forward restrictions on scrubbers,’ it says.
‘In response to demand from our customers for Marine Fuel 0.5% specific derivative contracts,’ says spokesman.
Plans for ban to be adopted in 2021 and phased in by 2023, says Lead Advisor to the Clean Arctic Alliance.
‘2019 will be crucial for the implementation of the reduced upper limit of the sulphur content in ships’ fuel-oil.’
Sub-Committee on Pollution Prevention and Response (PPR) meets this week from 18 to 22 February.
Offers preview of Pollution Prevention and Response (6th Session) taking place from 18 to 22 February.
Higher freight rates related to the transportation costs of products and feedstock pricing of refineries.
Processing agreement forms ‘cornerstone’ in Maersk’s fuel sourcing strategy for IMO 2020 sulphur cap.
Deliveries will be conducted via the MFM-equipped bunker tanker Golden Jubilee from 1 March 2019.
IMO 2020 legislation will produce two-tier charter market – scrubbers installed versus no scrubbers.
