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ABS: Less than half of shipowners are ready for 2020

11 Jun 2018

A recent informal poll of shipowners and operators conducted by classification and technical advisory services provider ABS has found only 47% of their fleets being ready to meet the upcoming 0.5% sulphur cap requirement for marine fuel coming 2020.

As such, the firm has issued the ABS Advisory on Marine Fuel Oil to help industry prepare for IMO’s 2020 global sulphur cap.

The 44-page Advisory provides owners and operators with industry-leading guidance on the considerations and challenges with marine fuels which are likely to be used in addressing the 2020 global sulphur cap requirements, it says.

The document provides in-depth technical guidance covering a range of topics, from fuel properties to operational risks to potential preparations.

It will also help the group understand the implications of different marine fuels, owners and operators can make smarter decisions on the future of their fleets.

“The IMO 2020 sulphur cap requirement will introduce a significant demand change from heavy fuel to low sulphur fuel almost overnight. The industry currently is debating how to prepare as the consequences of this shift are difficult to predict,” said Dr. Kirsi Tikka, ABS Executive Vice President and Senior Maritime Advisor.

“The ABS Advisory addresses concerns about the safety impacts and quality of the new blended and hybrid fuels that are currently not covered by the ISO fuel standard, and provides guidance on fuel selection, modification considerations and operational challenges.”

The updated ABS Advisory includes background on air emission regulations and evaluates several relevant fuel types and the associated impacts and operational challenges for each.

The advisory can be downloaded here.

Photo credit: Manifold Times
Publication date: 11 June, 2018

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