rss icon Subscribe
desktop mobile

No Clear Route to 2020 Sulphur Cap Compliance -Survey

© Sergei Simonov / Adobe Stock

Posted by Eric Haun

The route to compliance with the International Maritime Organization (IMO) 2020 0.5 percent global sulphur cap is unclear for many vessel operators, according to a marine industry survey conducted by ExxonMobil.

Some 70 percent of respondents saying that they do not believe the industry is ready for the deadline, highlighting an ongoing sense of confusion and lack of preparedness.
The makeup of the marine fuel mix in 2020 and beyond is an area of concern, with wide-ranging views from the industry on how the landscape will evolve.
Thirty-two percent of those surveyed predict that a combination of heavy fuel oil, marine gas oil and fuels and blends will be used, while 69 percent believe the cap will lead to the development of new low sulphur fuels.
"At ExxonMobil we expect that new 0.5 percent fuel formulations will emerge, based on low sulphur refinery streams, in addition to novel fuel blends," said Iain White, Global Marine Marketing Manager at ExxonMobil. "As a result, it's likely we will see increased compatibility and stability problems, which will make purchasing fuels from a trusted supplier more important than ever."
The cost implications of the cap were also highlighted as a potential challenge; with 53 percent of respondents predicting an increase in fuel spend.
When asked about the uptake of liquefied natural gas (LNG), 31 percent of respondents believe there will be a growth in its adoption as a marine fuel.
Forty-five percent of respondents predict an increased investment in abatement technologies (scrubbers). However, only 11 percent said they were actively looking to install a scrubber before 2020, with 40 percent citing a lack of economic clarity as a reason for forgoing investment.
"The results of this survey show that that we are heading to a multi-fuel future and that there is not one obvious fuel solution that will apply to all vessels," White said. "To avoid the pitfalls that may lie ahead, it's vital that operators work closely with trusted fuel suppliers to ensure that they select the best route to compliance for their vessel's needs."

Oct 11, 2017

 

Environmental

ESPO Congratulates Seven Wadden Sea Ports for PERS

Photo: ESPO

European Sea Ports Organisation (ESPO) congratulates the ports of Den Helder (Netherlands)

NYK Line's Green Bonds Terms and Conditions Determined

Image: NYK Line

Japan's Nippon Yusen Kaisha (NYK), the world's first shipping company to issue a labelled green

Shipbreaking Issues Presented at 2018 Vicino/Lontano Festival

Photo: NGO Shipbreaking Platform

The NGO Shipbreaking Platform has participated in the 2018 Vicino/Lontano Festival

Fuels & Lubes

New Rules on Ship Emissions Herald Sea Change for Oil Market

© xy / Adobe Stock

New rules coming into force from 2020 to curb pollution produced by the world's ships are worrying

CR Ocean Engineering Wins Multi-Scrubber Deal

Photo: CROE

Glasgow based Songa Shipmanagement Ltd. selected CR Ocean Engineering, LLC, as the supplier of

Venezuela Problem will not Derail Caribbean Fuel Supply

There is enough oil supply in the global market to make up for potential fuel disruptions from U.S. oil producer ConocoPhillips' legal actions against Venezuelan state oil

Maritime Apps