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Through the implementation of Regulation 14.1.3 of Annex VI of
the MARPOL Convention, the International Maritime Organisation
(IMO) announced on the 27 October 2016 that it would implement a
global sulphur cap of 0.5% on marine fuels starting from 1 January,
2020, for ships operating outside Emission Control Areas
(ECA's)1; a decision which will inevitably impact
refiners, crude producers and bunker suppliers. The current cap
stands at 3.5% outside the four internationally designated
ECA's where the sulphur limit has been capped at 0.1% since
January 2015.
Regarding applicability, the 2020 cap will apply to all ships
flying the flag of a state that has ratified MARPOL Annex VI and/or
calling at a port or passing through the waters of a state that has
ratified the Convention. This will effectively include a great
number of the world's fleet. Regarding the level of enforcement
and the
