04OCT2018 - NEWS - Port of Singapore plans to gear up for IMO’s 2020 Sulphur Cap regulation

bunker prices

The Port of Singapore which is one of the leading global bunker ports, is gearing up for the IMO’s new sulphur regulations that will change the landscape for the bunker industry. Namely, as of January 1, 2020, the shipping industry needs to switch to fuels containing 0.5 pct levels of sulphur, considerably down from the current 3.5 percent. To prepare the industry for the global sulphur cap, the Maritime and Port Authority of Singapore (MPA) plans to publish an information sheet on the list of licensed bunker suppliers of low-sulphur fuels in Singapore by mid-2019. The information sheet will be made available online.

 

Published by Editor - www.Livebunkers.com at 04-Oct-2018 05:56:40 [UTC] , contact editor at editor@livebunkers.com

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