News / Compliance with IMO 2020 – shipowners' worst fears materialising

© Péter Gudella

The run-up to IMO 2020 is proving far from smooth sailing for shipowners, whether they opt for compliance through using low-sulphur fuel (LSFO) on their vessels or by investing in scrubber technology. 

Scrubber retrofits are taking longer and costing more than expected, throwing liner scheduling into confusion and resulting in tramp fixture cancellations, according to the Exhaust Gas Cleaning Systems Association (EGCSA). 

“A meteoric rise in orders and a global concentration of marine conversion work in China’s shipyards has resulted in broken promises and a ...