0.5% sulfur content

Upcoming Environmental Regulations & Challenges for Shipowners

  • Apart from the regulations in place to achieve GHG reduction targets, there are more regulatory hurdles to be considered. 
  • Environmental issues and a number of stricter local regulation contribute to increased complexity.

The maritime industry is facing several upcoming environmental regulations, in addition to the regulations designed to support the IMO’s greenhouse gas (GHG) reduction targets, says an article published in DNV-GL website.

What adds to the complexity?

Apart from the regulations...

https://mfame.guru/upcoming-environmental-regulations-challenges-for-shipowners/

New IMO Regulations to Ramp Up LNG Bunkering

  • According to marine fuel expert Sergey Ivanov, the global sulphur cap of 0.50 per cent which is set to be implemented by the International Maritime Organization (IMO) next year could drive the global uptake on LNG as bunker fuel.
  • The new regulation will have an impact on up to 70,000 ships around the world once it comes into effect on January 1, 2020.

Demand for liquefied natural gas (LNG) as a conventional source of energy in the maritime industry will continue to grow because of its...

http://mfame.guru/new-imo-regulations-to-ramp-up-lng-bunkering/

Shipping Upgrades To Cleaner Fuel Source As West African Oil Hits Sweet Spot!

Reuters Graphic
  • African states are shaping up as big winners from new rules to cut sulfur emissions from ships.
  • West African oil hits the sweet spot as shipping upgrades and providing the right type of oil to produce cleaner fuels.
  • Only around 1% of the world’s crude oil exports are heavy and sweet varieties, ideal for refining into fuel with a maximum of 0.5% sulfur content.
  • Nearly three-quarters of the world’s exports of heavy sweet crude – defined as oil with less than 0.5% sulfur content.
  • ExxonMobil...

http://mfame.guru/shipping-upgrades-to-cleaner-fuel-source-as-west-african-oil-hits-sweet-spot/