Shipyards won't be able to meet future demand for greener vessels
“If you look at the market right now, it is easy to take the position ...
Uniformity of enforcement could be the biggest hurdle for the IMO 2020 low-sulphur fuel regulations. Per IMO rules, the regulations are enforced by each member state rather than by the UN body directly. To achieve this, the members are required to bring the regulations into law through domestic legislation. Citing principal specialist for marine fuels at Lloyd’s Register’s Fuel Oil Bunkering Advisory Service, Tim Wilson, this piece in FreightWaves raises questions over the number of member states which have made the necessary legal changes. Interestingly, the Danes appear to have ordered “sniffer drones” to make sure ships in their waters are compliant.
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