A Case for 20/20 Vision? IMO’s Low Sulphur Fuel Limit Under Marpol Annex VI which comes into force on 1st January 2020
The implementation of the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI in just under 18 months’ time has been well publicised. Concerns about the cost of complying with this low sulphur cap and whether there will be sufficient availability of low sulphur fuel oil (LSFO) have also been well publicised.
In this article we focus on some of the compliance and practical considerations, as well as legal issues that may arise, together with indications as to the charter party issues that both ship owners and charterers will need to consider.