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

A maritime engineer, talent via Middle Point in the Netherlands

5 reasons why maritime engineers choose the Netherlands

Gepubliceerd op

Where else can you build world-class vessels, grow your career fast, and enjoy a well-balanced life, all in one place? The Netherlands offers something rare.

Sinterklaas stoomboot omgetoverd tot een modern schip

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.

Laila Peters

Success Story Laila

Gepubliceerd op

In this blog, we sit down with Laila, a recruitment consultant at Middle Point, to chat about her journey to the Netherlands, the challenges she faced, and her rewarding experience in the world of recruitment. It’s a story of new beginnings, personal growth, and making meaningful connections in her work.