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New International Maritime Organization's Sulphur Regulations (IMO 2020)
11th February 2019
Dear Valued Client,
As of the 1st of January 2020, new International Maritime Organization's sulphur regulations (IMO 2020) will come into effect.
This will require ships to maintain a sulphur emissions limit of 0.5% mass by mass (as
• Use low-sulphur fuel.
• Install scrubbers.
• Use liquefied natural gas (LNG).
With
While shippers will not need to make any direct changes to their processes, we do advise that everyone be aware of and prepare for the coming prise increase as shipping lines have already begun making price adjustments by introducing or increasing charges to offset the forthcoming fuel or equipment costs.
Best regards,
Freight On Board International Services Pty Ltd.