The new fuel sulphur regulation of the International Maritime Organization (IMO) implies a 0,5% global sulphur cap for marine fuels to be in force. All ships will have to use fuel on board with a sulphur content of no more than 0,50% against the current limit of 3,50% in an effort to reduce the amount of sulphur oxide.
Sulphur 2020 is arguably the most impactful environmental regulation to date in ocean transportation and has far-reaching technical, commercial and operational consequences. It’s widely acknowledged that the regulations have significant consequences for both ship owners and their customers.