IBIA calls for early IMD fuel availability study

摘要

The International Bunker Industry Association (IBIA) is backing the UK government's demand for IMO to bring forward its review of the availability of 0.50% sulphur fuel. As more and more locations declare ECA requirements, the latest being Hong Kong, the greater the demand for low sulphur fuel. According to IBIA, uncertainty around dates is likely to delay crucial investment decisions and the shipping and oil industries need clarity. The IMO regulation (Marpol Annex VI) stipulates a 1 January 2020 start to the 0.50% rule but this could be extended to 2025, subject to the outcome of the availability study.