As of January 1st 2020 all countries have agreed to curb Sulphur-emissions from merchant shipping, by enforcing a global 0.5%-Sulphur Cap on all bunkers. Vessel owners have two options: either spending CAPEX and retrofitting expensive Scrubbers to be able to continue to use fuels with higher Sulphur-contents than 0.5% (like MFO / HFO, LFO, DMA, DMX) or, switching engines to fuels with lower Sulphur-contents than what is allowed (like MDO / Marine Diesel Oil). It is expected that in many ports, specific compliant and high-sulphur fuels will not always be available; a huge planning complexity!
Some industry experts expect this new regulation to drive-up marine fuel prices by 20-25%.
Our sister companies, like Control Union Certifications and TLR International Laboratories, have in-depth knowledge and long-established experience in biofuel and relevant certifications standards, such as: International Sustainability and Carbon Certification (ISCC) and Biomass Biofuel Sustainability voluntary scheme (2BSvs).