Lawmakers pressure White House on IMO 2020 implementation
“Any attempt by the United States to reverse course on IMO 2020 could…potentially backfire on consumers.”
“Any attempt by the United States to reverse course on IMO 2020 could…potentially backfire on consumers.”
The consensus at a panel in Houston is that marine gasoil will be the first fuel to get a big boost in demand as IMO2020 approaches. That’s not good news if you’re a diesel buyer.
EIA still sees no uniform international policy on how the IMO 2020 regulation will be enforced.
Collaboration within the maritme sector has, until now, been anathema to those that operate ships. New technology and the potential benefits is changing the culture of a thousand years.
Oil Major Shell has announced upcoming availability its newly developed Very Low Sulphur Fuel Oil (VLSFO) ahead of the IMO 2020 – 0.50% global sulphur limit for marine fuels. FreightWaves has the charts.
A significant increase in the use of scrubbers would have an impact on the amount of middle distillates that the shipping sector needs to consume under IMO2020 rules.
As late as last month, Maersk leadership insisted that scrubbers were not a solution for the new fuel regulations imposed by the International Maritime Organization beginning in 2020, but now they’ve admitted they will install scrubbers on some vessels.