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Insight News | Special topic: Sulphur 2020

Slated to be the biggest regulatory change the shipping industry has ever faced, the sulphur cap, due to come in to force on January 1, 2020, will cut the allowable sulphur content in marine fuel from 3.5 percent to 0.5 percent.

As ship owners decide on how they will comply with the new regulation, shippers/beneficial cargo owners, operators and forwarders are left questioning what the impact will be on the supply chain. One thing seems to be apparent as the deadline draws closer, and that is heightened uncertainty about whether the shipping industry will flounder or flourish in the face of this watershed moment.

BIMCO launches bunker clauses thumbnail image

BIMCO launches bunker clauses

December 10 - BIMCO has launched two sulphur content related bunker clauses: BIMCO 2020 marine sulphur content clause for time charter parties; and BIMCO 2020 fuel transition clause for time charter parties.
Views: 2792
MSC readies for additional costs from Sulphur 2020  thumbnail image

MSC readies for additional costs from Sulphur 2020 

December 6 - MSC Mediterranean Shipping Company has estimated that the various changes it is making to comply with the International Maritime Organization’s (IMO) Sulphur 2020 regulations will cost the shipping line in excess of USD2 billion per year. 
Views: 3179
Ports restrict the use of scrubbers ahead of Sulphur 2020 thumbnail image

Ports restrict the use of scrubbers ahead of Sulphur 2020

December 6 - Exhaust gas cleaning systems (EGCS), more commonly referred to as scrubbers, are an accepted way to comply with the upcoming Sulphur 2020 regulations, but several ports have banned the use of open-loop scrubbers in their waters. 
Views: 3916
FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms thumbnail image

FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms

December 5 - With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
Views: 2959
New sulphur regulations for Hong Kong and Taiwan thumbnail image

New sulphur regulations for Hong Kong and Taiwan

November 23 - Hong Kong and Taiwan will implement a local 0.5 percent sulphur cap from January 1, 2019, one year ahead of the International Maritime Organization’s (IMO) sulphur 2020 regulations, according to insurance provider Gard.
Views: 2891
BIMCO develops bunker clauses ahead of Sulphur 2020 thumbnail image

BIMCO develops bunker clauses ahead of Sulphur 2020

November 13 - The Baltic and International Maritime Council (BIMCO) has developed two bunker clauses to support the implementation of International Maritime Organization’s (IMO) sulphur 2020 regulations, which come into force on January 1, 2020. 
Views: 3108
IMO adopts carriage ban of non-compliant fuels thumbnail image

IMO adopts carriage ban of non-compliant fuels

October 29 - To support the implementation of the 2020 sulphur cap, the International Maritime Organization (IMO) adopted a carriage ban of non-complaint fuel oil at the Marine Environment Protection Committee’s 73rd meeting (MEPC 73).
Views: 2619
Industry seeks clarity ahead of Sulphur 2020 thumbnail image

Industry seeks clarity ahead of Sulphur 2020

October 3 - A survey conducted by global shipping consultancy Drewry reveals that there is considerable unease among global shippers/beneficial cargo owners (BCO) and freight forwarders ahead of the IMO’s sulphur 2020 emissions regulations.
Views: 2654
Sulphur cap set to raise shipping costs thumbnail image

Sulphur cap set to raise shipping costs

September 17 - Maersk Line is to introduce a new bunker adjustment factor (BAF) surcharge ahead of the global sulphur cap on marine emissions which enters into force on January 1, 2020.
Views: 1375
MPV fleet faces regulation changes thumbnail image

MPV fleet faces regulation changes

August 31 - In just 16 months, the Sulphur 2020 regulations will come into effect and it could prove to be the tipping point for consolidation in the multipurpose fleet.
Views: 2235
ICS welcomes sulphur cap efforts thumbnail image

ICS welcomes sulphur cap efforts

July 20 - The International Chamber of Shipping (ICS) says it is encouraged by efforts made to resolve some pressing practical challenges of the global implementation of the 0.5 percent sulphur in fuel cap, which comes into effect on January 1, 2020.
Views: 3802
FROM THE MAGAZINE: A new era of green shipping thumbnail image

FROM THE MAGAZINE: A new era of green shipping

June 1 - In 2017, new environmental regulations for the shipping industry came into force or were finalised, and progress was made on the future regulatory landscape for the sector. This year has already continued the development of a greener shipping industry.
Views: 154

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