Change Is In The Air
4 Nov 2016: Last week, the International Maritime Organization (IMO) decided on the timing of the sulphur emissions cap for marine bunker fuel. The organization had already decided to reduce global permissible sulphur oxide emissions by 2020 (requiring a reduction of the sulphur content of marine fuel from 3.5% to 0.5% or other emission reducing equipment), but there was still an option to delay the implementation to 2025 if a fuel availability study concluded that not enough low sulphur fuel could be produced. The IMO has now eliminated the uncertainty on the timing of the implementation by deciding not to delay the sulphur cap to 2025. However, question marks on the actual impact remain.
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