All eyes on next marine fuel deadline
March 1 cut-off will see ban on carriage of high sulphur fuel oil by ships not fitted with scrubbers; industry also faces issues over sediment from some fuels
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SO FAR, so good seems to be the general consensus a month after the International Maritime Organization (IMO) 0.50 per cent sulphur in fuel limit came into force for the global fleet.
One group of shipowners should particularly pleased: those who fitted scrubbers in the run-up to the deadline and so can continue to burn high sulphur fuel oil (HSFO).
They took a financial risk but it seems they are reaping the rewards. Vessels fitted with the abatement technology are commanding high, reportedly sometimes very high, charter
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