Players in the marine fuels market say the bunker sector is well prepared for when the IMO 2020 sulphur cap kicks in on 1 January next year, but they argue that many shipowners are only now waking up and may have left it too late.
At an IMO 2020 seminar organized by pro-scrubber group Clean Shipping Alliance in Singapore yesterday, Rahul Choudhuri, chairman of the Singapore Shipping Association’s Marine Fuels Committee, said that refineries in Singapore are ready to provide low and high sulphur fuels
“We have already seen these new fuels come into the picture.