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What is IMO 2020? #IMO2020 #Sulfur #sulfurcap #MARPOL

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From 1 January 2020, the limit for sulphur in fuel oil used on board ships operating outside designated emission control areas will be reduced to 0.50% m/m (mass by mass). This regulation, now populary known as IMO 2020, will significantly reduce the amount of sulphur oxides emanating from ships and should have major health and environmental benefits for the world, particularly for populations living close to ports and coasts.
This video answers the basic question - What is IMO 2020?
How it will impact the shipowner and the shipping industry including the global trade and marine fuel oil market?
Do note that Yes, this new MARPOL regulations will apply to all ships. However, larger ships of 400 gross tonnage and above engaged in voyages to ports or offshore terminals under the jurisdiction of other Parties have to have an International Air Pollution Prevention Certificate, issued by the ship’s flag State. But all sizes of ships will need to use fuel oil that meets the 0.50% limit from 1 January 2020.
Stay connected with us!
Video Credit: Videvo (Videvo Attribution License)
Insta Video Credit: @acomstrategy, @madeleineannawolczko
This video answers the basic question - What is IMO 2020?
How it will impact the shipowner and the shipping industry including the global trade and marine fuel oil market?
Do note that Yes, this new MARPOL regulations will apply to all ships. However, larger ships of 400 gross tonnage and above engaged in voyages to ports or offshore terminals under the jurisdiction of other Parties have to have an International Air Pollution Prevention Certificate, issued by the ship’s flag State. But all sizes of ships will need to use fuel oil that meets the 0.50% limit from 1 January 2020.
Stay connected with us!
Video Credit: Videvo (Videvo Attribution License)
Insta Video Credit: @acomstrategy, @madeleineannawolczko
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