SUBSCRIBERS

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

Published Tue, Feb 4, 2020 · 09:50 PM

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

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes