18OCT2018 - NEWS - Ship owners accelerated installations of scrubbers ahead of IMO 2020

According to a report, Ship owners accelerated installations of engine cleaning systems this year ahead of stringent new rules in 2020 which sharply reduce the amount of sulphur ships can emit from the 3.5 percent in current bunker fuel to 0.5 percent. Vessel operators can either switch to cleaner, but more expensive, marine gasoil or install scrubbers to filter sulphur from dirtier fuel oil. The looming change in International Maritime Organization (IMO) rules has impacted fuel and gasoil futures. Lower HSFO prices however have made scrubbers more economically attractive to shippers.

Published by Editor - www.Livebunkers.com at 18-Oct-2018 04:55:40 [UTC] , contact editor at editor@livebunkers.com