Sulphur cap countdown

With 2020 rapidly approaching, much of the shipping industry is trying to ascertain what the International Maritime Organisation's 2020 sulphur cap means for them. As one of the most important regulations to ever hit the maritime world, it will have an impact across the shipping ecosystem, from boardrooms to engine rooms and brokers to seafarers. Given the scale of the impact, many stakeholders are worried about what it means for their business, while some are also anticipating it could deliver them bumper profits. The Fairplay team will be tracking the key developments as we approach 2020, highlighting the risks and opportunities of this momentus change for our industry.  

News & Analysis

A bunkering operation
21 Nov 2018
Shipowners vow to regroup after fuel compliance proposal fails to gain traction.
Yang Ming box ship
15 Aug 2018
The Taiwanese box ship operator placed a firm order for ten ships, with options for four more.
China's Ministry of Transport outlined plans for LNG as a ship fuel. Credit: Malte Schwarz
13 Aug 2018
China’s Ministry of Transport outlined plans to promote LNG as a clean marine bunker fuel. 
Inspectors checking marine fuel
10 Aug 2018
Industry body Intertanko has called for immediate government action to prevent the sale of unsafe bunker fuel, with hundreds of vessels having been damaged by contaminated product over the past five months.
Artvin
09 Aug 2018
More shipowners are fitting their vessels with scrubbers.
Beothuk Spirit, part of Teekay Offshore’s shuttle fleet
02 Aug 2018
Two Aframax shuttle tanker newbuildings on order with Teekay Offshore will be LNG-powered, the company announced in its second-quarter report.

Commentary

As the 2020 sulphur cap nears, access to credit could be the crunch point for shipowners.