Sulphur Cap

With less than eighteen months before Regulation 14.1.3 of Annex VI of the MARPOL Convention comes into effect, there are still numerous challenges surrounding compliance and enforcement, which have cast uncertainty over the effect that the Regulation will have on the international maritime industry, and on individual shipping companies.

This three-part series released by Clydeco aims to draw owners’ and...

http://mfame.guru/scope-of-regulation-and-risks-of-non-compliance/

The International Maritime Organization rejects the proposal — supported by both the U.S. and shipping groups — for a phased start to rules that will limit the sulfur content of ship fuels starting in 2020, says Bloomberg news.

The agency’s Marine Environment Protection Committee, meeting in London, rebuffed the proposal for a so-called experience-building phase, noting that it was vague and needed further defining.

It wasn’t initially clear whether the...

http://mfame.guru/imo-rejects-u-s-backed-plan-for-phased-start-of-ship-fuel-rules/

Even before new international regulations on maritime fuels kick start, the oil market has tightened significantly this year, pushing prices higher and putting pressure on producers to increase output.

The impact of IMO sulfur cap set to take effect at the start of 2020 could disrupt the market even more dramatically.

The International Maritime Organization (IMO) will require significantly lower concentrations of sulfur used in global maritime shipping beginning on January...

http://mfame.guru/lower-sulfur-fuel-transition-may-not-be-smooth/

On October 15, the Scorpio Tankers Inc. has announced its entry into an agreement to retrofit 15 of its LR2s with Exhaust Gas Cleaning Systems (“Scrubbers”).

The company has agreed in its letters of intent, which are subject to the execution of definitive documentation, with suppliers, engineering firms, and ship repair facilities to cover the purchase and installation of Scrubbers on substantially all of its remaining owned and financed leased LR2, LR1, and MR tanker vessels...

http://mfame.guru/scorpio-announces-loi-for-scrubber-retrofits/

Chemical tankers could be scrapped five to six years earlier ahead of their estimated lifespan.

Amid the International Maritime Organization’s move to implement a 0.50% sulfur cap on marine fuel from 2020, a report from Eastport Research & Strategy showed, chemical tankers could be scrapped earlier.

The average age for a chemical tanker before it is scrapped is about 26 years. Now with the IMO’s cap, chemical tanker owners might either opt to install scrubbers or burn...

http://mfame.guru/sulphur-cap-scraps-chemical-tankers-6-years-earlier/

Trident Alliance Chair, Roger Strevens in a news article, says that Adoption of IMO’s ‘Carriage ban’ on non-compliant fuel without delay is critical to the successful implementation of the 2020 0.50% global sulphur cap.

The Trident Alliance believes robust and effective enforcement is vital if the full health and environmental benefits of the 2020 sulphur cap are to be achieved while also preserving fair competition.

At MEPC 73 in October IMO Member States must formally...

http://mfame.guru/carriage-ban-critical-for-2020-success/

The shipping industry comprises of multitudes of cargo ships, tankers, container ships, and cruise liners that belch noxious sulfuric gases and fine particles that drift over cities and cover them with smog.

However, the scenario is set to change form January 2020 onwards as the United Nations International Maritime Organization has resorted to strict measures to limit the amount of sulfur in maritime fuel is fully carried out.

Though there are multiple options...

http://mfame.guru/star-bulk-pioneers-green-loan-to-retrofit-50-scrubbers/

An avalanche of announcements in the past month has cast light, finally, on the post-2020 sulphur compliance options of some important ship owners.

A shakedown is defined as‘a dramatic change’ or‘a test of a new product’, the word certainly applies to IMO’s impending sulphur rules. There can be no doubt in the seismic nature of the shift, or that it is requires owners to test new ways of operating.

With global shipping fuel bills set to rise by US$60 billion in 2020...

http://mfame.guru/ship-owners-show-hands-amid-sulphur-shakedown/

From January 2020, the maritime industry is set to face great changes as vessels will only be allowed to use fuel with a maximum sulphur content of 0.5 percent.

The regulations putforth by International Maritime Organization (IMO) is touted an ambitious measure to reduce marine pollution. Using low sulphur fuel oil will be the key solution for the shipping industry and Hapag-Lloyd to remain compliant. Furthermore, it is the most environmentally friendly solution in...

http://mfame.guru/new-marine-fuel-recovery-mechanism-from-hapag-lloyd/

The IMO Intersessional Working Group meeting of July 2018 has started to develop a set of guidelines on the consistent implementation of regulation 14.1.3 of MARPOL Annex VI for the use by administrations, port state control authorities, ship owners, ship operators, and fuel oil providers. The Pollution Prevention and Response (PPR) subcommittee will continue this work in February 2019.

The development of a suitable industry guidance that addresses potential issues on fuel and...

http://mfame.guru/imo-guidelines-for-consistent-implementation-of-sulphur-cap/