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

ICS secretary general Guy Platten
17 Sep 2018
For the vast majority of vessels, complying with the 2020 sulphur cap will mean using fuel oils with a sulphur content of 0.5%, the ICS said.
Some vessels may slow down on ballast voyages. Credit: Dietmar Hasenpusch
28 Aug 2018
With new sulphur regulations expected to hike up the cost of bunker fuel, many owners have come to a simple solution: slow down. But it may not be as easy as that. 
Royal Vopak fuel storage tank
20 Aug 2018
New facility will have the capacity to produce about 2.3 million tonnes of sulphur cap-compliant fuel annually.
KOGAS
17 Aug 2018
South Korea’s main LNG procurement company will invest nearly USD9 billion by 2025 to expand natural gas capacity and related infrastructure as the country moves towards clean energy. Another USD1 billion will go towards developing LNG bunkering and hydrogen-fueled cars. 
Viking Grace
16 Aug 2018
While the region’s ferry operators struggle against rising fuel prices and falling passenger numbers, the freight sector is making gains.
Yang Ming box ship
15 Aug 2018
The Taiwanese box ship operator placed a firm order for ten ships, with options for four more.