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The implementation of the IMO 2020 Sulphur Cap has impacted the operation of the world fleet at large including a range of technical and regulatory challenges.
On the cusp of the carriage ban for high sulphur fuel oils coming into force, BIMCO gives you an update on the first eight weeks into IMO 2020 Sulphur Cap territory.
The final quarter of 2019 marked a massive decline of HSFO sales, as the industry transitioned into compliance with the IMO 2020 Sulphur Cap (IMO2020).
The sulphur cap of 0.50% coming into force on January 1 2020 has wide implications for the entire maritime sector and beyond. BIMCO will address contractual, commercial, regulatory and technical issues to assist our members in navigating the complex implementation of the new regulation as a priority issue. This section will contain articles and relevant information to our members on this key topic.
The decision to install scrubbers or not ahead of the IMO 2020 sulphur cap deadline is not an easy one to make for shipowners. How to finance the investment once the decision has been made to install scrubbers creates yet another problem.
The shipping industry has all eyes firmly fixed on the topic, but what exactly do the “IMO 2020” global sulphur cap regulations say? This guide looks at five highly relevant topics, how to comply and how the regulation will be enforced.
