New Emission Norms for Ships in 2020
As an effort to limit harmful emissions, starting Jan. 1, 2020, the International Maritime Organization (IMO) requires the use of bunker fuel with a sulfur limit of 0.5%, down from 3.5% currently. Only ships fitted with expensive exhaust cleaning systems, known as scrubbers, which can remove sulfur from emissions, will be allowed to continue burning HSFO (high-sulfur fuel oil).
Even with the shift to compliant fuels such as low-sufur fuel oil or marine gasoil, HSFO should still constitute about 15-20% of the entire marine fuel product mix, industry sources and traders said. The global shipping industry currently consumes about 3.6 million barrels per day (bpd) of HSFO.
You can read more here.
No comments