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.
New 0.5% sulphur blends will be covered by the ISO 8217 specification. Credit: DNVPS
17 Jul 2018
There had been concern among the shipping and bunkering industries that ISO 8217 would not encompass future 0.5% fuels, with the potential to cause significant safety issues if fuels become unstable or damage machinery.
Sulphur emissions at sea
17 Jul 2018
Regional port state control organisations are planning a “letter of warning” information campaign aimed at shipowners to underline that compliance with the sulphur cap must take place from 1 January 2020, Hideo Kubota, secretary of the Tokyo MOU, has told Fairplay.
Data centre
17 Jul 2018
Analytics of big data and technology to address environmental issues and emissions are expected to be significant drivers of change over the next five years, but less so blockchain.
LNG bunkering at the Port of Antwerp
16 Jul 2018
LNG-fuelled ships are expected to make up 11% of the global fleet in 2030. Crew accustomed to working on ships fuelled by heavy fuel oil must be prepared to deal with this new fuel's unique safety risks.
A refinery
16 Jul 2018
With less than 18 months to go until the regulations come into force, concern is mounting that the refinery industry will fail to produce enough low-sulphur fuels to meet demand, especially at an affordable price.

Commentary

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