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Shipping sulfur regulation requires sea change in oil industry

There are numerous difficulties in regard to the implementation of the International Maritime Organization (IMO) sulfur 2020 regulations. Effective Jan. 1, 2020, the IMO set a global limit for sulfur content in commercial marine bunker fuel used on board ships to reduce the sulfur content from 3.5 percent to 0.5 percent. This is a significant…

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Cargo Ships May Switch to Diesel Fuel by 2020

A move to curtail emissions produced by cargo ships and cruise liners could in a few years put new pressure on prices and supplies of diesel fuel. By 2020, the maritime industry is poised to shift to diesel from so-called bunker fuel. The heavy, thick fuel has been used in the cargo shipping and cruise…

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