Ship owners face increased compliance costs with lowering of sulphur oxide limit for shipping fuels.

By Paul A. Davies and Michael D. Green

January 1, 2020 marked the implementation of the new sulphur oxide limit for shipping fuel imposed by the International Maritime Organisation under the MARPOL Convention, often referred to as IMO 2020. IMO 2020 intends to improve global air quality and protect the environment through these measures, but concerns have been raised regarding the increased expenses that the maritime sector will face in order to comply with the new standards. This blog post considers the requirements under IMO 2020, how they will be enforced, and the solutions companies may utilise to ensure compliance.