An article in Supply Chain Dive briefs about the various situations which determine the compliance of maritime standards with the approaching IMO 2020.
Compliance with IMO 2020 regulationsThere are three options to meet the Jan. 1 low-sulfur deadline:
- Burn the more expensive, very low sulfur fuel oil (VLSFO).
- Invest in an expensive scrubber system and keep buying the existing high-sulfur bunker fuel.
- Retrofit existing ships or purchase new builds to use liquefied natural gas (LNG).
http://mfame.guru/imo-2020-planning-economic-and-geopolitical-causes-at-play/