Stratas Advisors looked at how crude slate, refinery processing capacity, fuel specification, hydrogen requirement, sulfur removal capacity and refinery fuel specification influences the production and the marine fuel globally.
The decision by the International Maritime Organization’s Marine Environmental Protection Committee on Oct. 27 to enforce a global 0.5% cap on sulfur content in marine fuel by 2020 could lead to a surge in the installation of scrubbers, with up to 20% of the global ship fleet retrofitted with the abatement technology by 2025, according to DuPont Clean Technologies.
The 70th meeting of the Marine Environment Protection Committee (MEPC 70) of the International Maritime Organization (IMO) met in London Oct. 24 through 28, and has set Jan. 1, 2020 as the entry-into-force date of the 0.5% global sulfur in marine fuel cap.
Marine Energy Consulting Ltd. (MECL) and 20|20 Marine Energy recently announced that they will work together on a comprehensive evaluation of the impact of MARPOL (International Convention for the Prevention of Pollution from Ships) Annex VI global sulfur regulations on the shipping industry, which mandate the use of bunker fuels with a sulfur content of less than 0.5% on a global basis.
Recycling Technologies and Ricardo recently announced a collaboration in which they intend to assess the performance of a low sulfur heavy fuel oil and diesel alternative to their petroleum-based counterparts—trademarked “Plaxx.”