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2020 Sulphur cap

17 September 2018

The sulphur cap of 0.50% coming into force on January 1 2020 has wide implications for the entire maritime sector and beyond. BIMCO will address contractual, commercial, regulatory and technical issues to assist our members in navigating the complex implementation of the new regulation as a priority issue. This section will contain articles and relevant information to our members on this key topic.

The new digital BIMCO Bulletin is out

10 September 2018

The new BIMCO magazine the “Bulletin” is out and zooming in on challenges and questions asked ahead of the 2020 sulphur cap. “Sulphur cap consequences will draw focus for two years,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why shipowners urgently need a fuel-management plan.

Meet BIMCO’s Chief Shipping Analyst at Bloomberg Intelligence in London, UK

29 August 2019

Join Peter Sand at the London International Shipping Week, where he will be participating in the Navigating Through IMO 2020 amid slowing growth discussion hosted by Bloomberg Intelligence. The discussion will cover the outlook for the commercial shipping markets, alongside an IMO panel discussion on how to prepare for the upcoming IMO 2020 Sulphur Cap. The event will be followed with a networking reception.

Tanker shipping: sky-high freight rates have given way to a profitable winter market supported by the fast-approaching IMO 2020 Sulphur Cap

25 November 2019

BIMCO expects freight rates will once again come under pressure after the end of the high seasonal demand in Q4, as well as the boost from the sulphur cap. The fleet growth of 6.3% in the crude oil tanker market and the 4.8% growth in the oil product fleet will have its consequences on the supply and demand balance.