skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Informa pharma logo

Maritime Intelligence is part of the Informa Intelligence Division of Informa PLC

This is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

maritime logo
Search Icon Product LoginProductLogin
Global Search Configuration


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
proposed experience building phase
2. The exercise could result in further proposals to modify
the regulation

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

The analysis your clients are reading

 

ANALYSIS: INDUSTRY
HEAVYWEIGHTS FIRE SALVO INTO
SULPHUR COMPLIANCE CRISIS


Major flags and industry associations argue
that shipowners cannot bear responsibility
for the availability of compliant fuel post
2020 and time will be needed to ensure the
system works.

 

 

This is a sample from an article posted on
Lloyd’s List. Register for a free trial to view
the full article

 

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.

 

Make Complex Decisions Simple

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.

Powered by the unique combination of award-winning subject-matter experts and heavily researched and verified data, our services help you drive growth and manage risk.

We give you timely validated information about companies that own, manage and operate the ships, together with where and how the vessels operate and trade so that you can make real-time decisions.

Also of interest

;

Have any questions? Speak to a specialist.

Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.

Request a live demo now.
Request a free demo

Request a callback from our sales team to learn how Maritime Intelligence can provide a solution for your business.

If you prefer to get in touch directly, please visit our contact us section for our regional telephone numbers.

Request a callback
If you have any general questions about our services and would like to learn more about how we can assist your business, please reach out to us via the form below and we'll get back to you shortly. If you prefer to get in touch by phone, please refer to the contact us section of our website.
General enquiry