As the deadline for the most dramatic fuel regulation
change since the turn of the millennium nears (IMO 2020), Ocorian
Executive Director,
Gary Bowman, who heads up the Ocorian
Maritime team, draws on discussions from September's London
Shipping Week (LSW) and recent industry comment to highlight how
the shipping world is adjusting to a greener future.
You can read our IMO update from April here.
As with the London and Hamburg Marine Money events earlier in
the year, conversations about IMO 2020 - reducing sulphur content
of ship fuel oils from 3.5% to 0.5% m/m from 1 January 2020 -
occupied much of the discussion at the week's events, albeit
with an added sense of urgency. Yet the more immediate
complications of the adoption of IMO 2020 fed into a wider
narrative; an increasing shift towards a greener industry and its
potential impact on all those associated with ship ownership,
operation and management.
