Genoa - Intercargo, the International Association of Dry Cargo Shipowners, encourages the implementation of the “2020 Sulphur Cap”, the 0,5% limit for sulphur in fuel oil used on board ships from 1 January 2020, but in doing so it adopts a pragmatic approach.
According to Intercargo, an enforcement of the Regulation is needed, yet a reasonable and measured one. The association raises its concerns about the practical - technical and operational - challenges faced by shipowners in achieving compliance from January 1, 2020, given the bunkers’ supply landscape and widespread uncertainty. The availability of compliant fuels and their safe consumption are especially of concern. A drastic step-change is expected in 2020 and if a smooth transition is not ensured, the impact will be great. There will be an impact on trade, on economic growth and on the societies of both developed and developing countries worldwide. Intercargo will also contribute to the development of the GHG emissions’ reduction strategy at the IMO next April, in collaboration with its industry partners.