The International Maritime Organization's global sulfur limit rule for marine fuels, starting January 1, 2020, is set to usher in significant changes and daunting operational costs, calling for extensive planning among different stakeholders in the maritime industry.
The shipping industry has had years to prepare for tighter emissions standards coming into force next year, and it is in the coming months when much of their planning will be translated into action.
In this Insight Conversation, S&P Global Platts Editor Surabhi Sahu interviews Total Marine Fuels Global Solutions Managing Director Jerome Leprince-Ringuet to find out more about the changes and challenges that IMO 2020 entails.
Related IMO 2020 special reports:
- Turning tides: The future of fuel oil after IMO 2020
- Into the storm: How will shipping cope with fuel bills from IMO 2020?
- A sea of challenges: The impact of IMO 2020 on petrochemicals