MAN Global Sulphur Cap 2020 Industry survey report

MAN PrimeServ 3 Is our industry ready for Global Sulphur Cap 2020? The 2020 Global Sulphur Cap represents a major challenge for the global shipping industry. At this late stage, time is fast running out for vessel owners and operators to secure their compliance before the start date, as well as their competitiveness thereafter. There has been much uncertainty surrounding these regulations. A multitude of factors such as new fuel costs, availability and quality, as well as the different options for compliance and fuel-saving retrofits, have meant that many have been waiting to see which direction the industry takes before making a commitment. Others are betting heavily on an extension to the start date by the IMO. This report aims to assess the general readiness of the industry, the trends and drivers shaping its direction, and what preference exists for compliance solutions. INTRODUCTION Watch our expert video Dorthe Marie Sveistrup Jacobsen Head of Emission Reduction Department, Fuel & Lube at MAN Energy Solutions, explains what 2020 Sulphur Cap means for you.