IMO Aims to Halve Shipping Emissions, but What's the Cost?

摘要

Global bunker fuel costs could rise by up to $60 billion annually from 2020, in a full compliance scenario, when the International Maritime Organization's (IMO) 0.5% sulfur cap for bunker fuels kicks in, notes the energy research consultancy Wood Mackenzie. Fueloil, which is high in sulfur content, has traditionally been used by the shipping industry as bunker fuel. In 2017, global demand for high-sulfur fueloil (HSFO) stood at more than 70% of overall bunker fuels.