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SIBCON talking points – your cheat sheet
Low-sulphur fuel oils and blends will dominate the market beginning in 2020. Close to 90%* of the global fl eet is expected use compliant fuels rather than HFO with scrubbers or LNG.
We deliver the insight, data solutions and forecasts needed to navigate the global shipping industry, assess risk and drive growth, today and into the future.
| Sulphur cap demands 2020 vision
The 0.5% sulphur cap to be introduced in 2020 permeates, and usually dominates, every discussion on the challenges that face the industry. It would be naive not to expect late complications ahead of its implementation – one has emerged in the guise of a proposal by leading flag states and shipping associations to bring in an “experience building phase” in 2020. Procedurally, the cap cannot offi cially be pushed back, so technically speaking this is not a move for a postponement. Any attempt to sanction leniency in the early days of enforcement would amount to a grace period, according to those owners who have invested heavily to meet the deadline. The proposal is purposely vague and open to interpretation, but two points stand out: 1. Vessels should not be unduly penalised during the Reaction has centred around the former rather than the latter point, which tells you everything you need to know about the industry and the goal of the paper itself; enforcement and the so-called level playing fi eld are the absolute priorities. Read the full article: lloydslist.com/2020_vision |
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PODCAST:
LISTEN TO THE LLOYD’S LIST PODCAST: 2020 VISION
Lloyd’s List editor Richard Meade is joined
by: Lars Robert Pedersen, deputy secretary general of BIMCO
They examine problems with the looming sulphur regulations and discuss why the controversial move by industry associations and major flags to avert enforcement issues does not amount to a delay.
Relied on by the world’s bunker suppliers and oil majors, our solutions help you identify trade opportunities and evaluate credit risk. Our insight and intelligence help you to stake out a position that sets you apart from your competitors.
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Lloyd's List, Lloyd's List Intelligence, Seasearcher, Lloyd'...
03 Oct 2017
Topics Maritime Law Risk Business development Insurance Global sulphur cap 2020
Lloyd's List, Seasearcher, Lloyd's List Intelligence, Mariti...
31 Oct 2017
For as long as we have travelled by sea, there have been reports of ghost ships sailing crew-less and haunted around the world. Nowadays the scariest stories told in the media are of "dark" vessels smuggling people and weapons undetected on the seas. And looking to the future, what will happen as vessels become autonomous ghost ships? This article explores ghost ships old and new and the truth behind the myths.
Topics Maritime
Lloyd's List
01 Sep 2016
The 2016 edition of the Lloyd’s List and Containerisation International Top 100 Container Ports supplement, ranking the world’s largest box facilities on annual throughput terms, shows that their volumes braked sharply last year, rising just 1% on 2014. Find out more in the full report.
Topics Maritime
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