Read about the Global Sulphur Cap in Triton 3-2018
Introduction to the Global Sulphur Cap
One of the most immediate and pressing challenges facing ship operators is the impact of the global cap on the sulphur content of marine fuel, which will come into full effect on 1 January 2020.
The 2020 global sulphur cap is the requirement under amendments to Annex VI of the IMO MARPOL Convention, agreed in 2008, for all ships trading outside of sulphur Emission Control Areas (ECAs) to use fuel with a sulphur content not exceeding 0.5%. This is a reduction from the current permitted maxiumum of 3.5%.
Exhaust gas scrubbers 2020 and beyond
Practical considerations
1 January 2020 gives worldwide shipping possibly one of its greatest regulatory challenges for many years, providing the shipowner with a huge task ahead.
Vessel operators have two choices, install an exhaust gas scrubber or burn LS or alternative fuels, and to make that choice there are a number of considerations including: vessel fuel consumption; operating profile; vessel age; power availability; and, probably most importantly, Return on Investment.
Read the full article by Tony Grainger, Marine Engineer, TMC Marine
Working within the law
Shipowners are faced with a difficult decision. In addition to the practical aspects, what areas of the law will need to be considered? How will the new requirements affect a voyage?
Future charterparties will need to contain specific terms which deal with the new regime and the issues will be different for vessels with and without scrubbers.
Existing charterparties which extend into 2020 and beyond may also benefit from a review, and if uncertainty exists, agreements should be reached to avoid potential disputes.
Read the full article by Paul Harvey and Jamila Khan of Ince & Co., Piraeus
More interesting articles can be found in Triton 3-2018»
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