New Maritime Fuel Rules

Gepubliceerd op


Earlier this year in New York City the Exhaust Gas Cleaning System Association (EGCSA) held its annual meeting to discuss the business, technologies and future of scrubbers as a solution to the looming IMO 2020 fuel rules.

At the meeting, Maritime Reporter & Engineering News was afforded the opportunity to pick the brains of several leading executives to help understand the challenge and promise that scrubbers provide.

In October 2016 a landmark decision was handed down from the International Maritime Organization (IMO) which set January 1, 2020 as implementation date for a significant reduction in the sulfur content of the fuel oil used by ships. The new rule sets a global sulfur limit of 0.50% in 2020 versus 3.5% allowed today. Despite reservations from shipowners regarding the availability of the new fuel, which at the time of the announcement did not exist, and resistance to the capital expenditure of fitting emission scrubbers, which reportedly can tip the CapEx scale at $10 million per ship, the rule is set to enter force without fail.

“The entry into force of the 0.50% sulfur in fuel oil limit cannot and will not be delayed,” said Kitack Lim, IMO Secretary-General, during an interview with Maritime Reporter & Engineering News in his office at IMO headquarters in London in mid-March. A comprehensive study on availability of fuel oil was carried out by experts and overseen by a steering committee and it concluded there will be enough compliant fuel oil. “The study on the “Assessment of fuel oil availability” concluded that the refinery sector has the capability to supply sufficient quantities of marine fuels with a sulfur content of 0.50% m/m or less and with a sulfur content of 0.10% m/m or less to meet demand for these products, while also meeting demand for non-marine fuels.”

Gerelateerd

Why we are excited for the 2023 Monaco Yacht show.

Gepubliceerd op

From its humble beginnings in 1991, the Monaco Yacht Show has evolved into the grandest superyacht spectacle in Europe. With an awe-inspiring fleet of 120 superyachts and megayachts, along with highly anticipated 2023 launches, this year's show promises to be a maritime masterpiece. Continue reading to find out why we are excited for this year's show!

Sinterklaas Steamship Reimagined as a Modern Ship

Gepubliceerd op

The iconic Sinterklaas steamship, synonymous with the Dutch holiday season, holds traditional charm with its red and white sails. However, envisioning a modern reinterpretation sparks curiosity. Imagining the transformation involves contemplating cutting-edge technologies and innovative features that could turn the classic vessel into a contemporary Sinterklaas sensation.

10 questions engineers often ask about working abroad: answered

Gepubliceerd op

Discover the top 10 questions engineers ask before working abroad. From contracts and salaries to relocation and career growth.