We have implemented IMO 2020 but evolving regulations require further innovation
The adoption of IMO 2020 has been relatively smooth – so far there have been no reported fuel-related engine failures. However, there’s no room for complacency, particularly in light of the news that MSC has become the first major ocean carrier to fall foul of the IMO’s ban on carrying non-compliant fuel.
In January and February of this year, 3.3% of all VSLFO samples tested by VPS were found to contain over 0.50% sulphur. We are pleased to confirm that all EMF.5™ deliveries to date have been on spec.
In addition to this, the possibility of fuel compatibility issues persists and there have been reports of limited availability of low-sulphur marine fuels in ports in Singapore, Malaysia and Indonesia, which has raised understandable concerns amongst ship owners. This has been the result of temporary logistics issues across the industry rather than production problems, which emphasises ExxonMobil’s guidance on planning ahead for bunker deliveries.
The marine industry has risen to the occasion – IMO 2020 has come into force without the disruption that some had predicted. This is a great credit to our industry. However, it’s not the end of the journey; this is just the beginning. The IMO has already announced bold plans to cut greenhouse gas emissions by at least 50% by 2050, compared with 2008 levels.
ExxonMobil is already investigating future fuel options and working with leading OEMs in order to help ensure that vessel operators have the knowledge, support and fuel choices they need now and in the future. We will continue to share our thoughts and insights with our customers and the wider industry to ensure safe and effective compliance.