Contaminated fuel systems can play havoc on some ships implementing the new rules.
https://gcaptain.com/china-busts-two-ships-for-imo-2020-violations/
IMO 2020 has now been in force for 5 months. The result is higher fuel costs, as expected:
But yet CMA CGMS made more profit in 1Q 2020 than in 1Q 2019.
Maybe surprising to some, but the majority of the worldâs shipping companies are all for it and support IMOâs policy to speed up the process of reducing pollution and GHG emission from ships and shipping in general.
Large well positioned companies often support increased regulations when competitors face the same increase in costs because new regs can squeeze out marginal competitors that are less able to face the increased cost of compliance and still compete.
This would be true for ocean shipping where switching to another transporting sector such as air transport is not practical.
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what happened with the 2020 antifoul rules, delayed as the major players dont have a product?
Is the game up for Open Loop Scrubbers?:
https://www.hellenicshippingnews.com/chinas-imo-2020-implementation-plan-raises-issues-for-vessels-using-open-loop-scrubbers/
If you thought that you could âget away with itâ when at sea, think again.
Big Brother is sniffing you out, at least in French waters: