IMO 2020: Ready or not?
29/03/2019
Analysis by Jonathan Leitch and Gordon McManus, research directors for the EMEARC refining and oil products team.
New Year’s Day 2020 is firmly marked in the calendar as the refining and shipping industries prepare for change.
The International Maritime Organisation (IMO)’s rules, in force from 1 January 2020, will see the current maximum fuel oil sulphur limit of 3.5 weight per cent (wt%) reduced to 0.5 wt%. This is the largest reduction in the sulphur content of a transportation fuel undertaken at any one time.