BTJ 5/16 - The 0.5% global sulphur cap. Technology key to meeting new marine fuel market challenges
Publication date: 2016-12-02
The marine fuel market is experiencing a significant transformation.
In January 2015, a 0.1% sulphur limit in fuel oil was introduced in Emission Control Areas (ECA).
Now, in yet another shake up, the industry is expecting the introduction of a global 0.5% sulphur cap in 2020 or 2025, bringing about the same challenges and fears Northern Europe and North America had to tackle, but this time on a worldwide scale.
And although year 2025 is widely understood to be more likely for the 0.5% limit to enter into force, everybody from both the sea shipping and fuel refining industry is waiting for the final confirmation of the date to be announced at the Marine Environmental Protection Committee Meeting (MEPC70) in October of this year to start preparing for the new rules.
The 0.5% global sulphur cap. Technology key to meeting new marine fuel market challenges, by Bruce Abbott