The introduction of the new global sulphur cap in 2020 is causing nothing short of a paradigm shift in marine fuel.

In 2016, IMO decided to reduce global sulfur emissions to air from shipping starting January 1st 2020, i.e. a globalization of the regionally imposed emission control areas (ECAs).

There is so much talk in the industry about the impact on the shipping industry from the 2020 sulfur cap, it is becoming difficult to separate facts from opinion, information from interference.

There are a few notable similarities between Brexit and the impending global 0.5% sulphur cap in marine fuels, which will be enforced from 1st January 2020.

Keynote speech delivered by Frank J Coles, Transas CEO at the Transas Global Conference in Vancouver.