Low Sulphur Directive
The original legislation (IMO – UN International Maritime Organisation - MARPOL, Annex VI) has progressively developed since it came into force in 2005. The sulphur content of fuel has been reduced from 3.5% to 1% and now further revised under EU Sulphur Directive 2012/33/EU to 0.1% with effect January 2015.
What are the potential solutions?
There are currently three ways for shipping lines to comply with the new legislation. All three will lead to significant cost increases for shipping companies and therefore the rest of the industry.
1. Switch to the MGO fuel.
2. Change to liquefied natural gas (LNG).
3.Invest in scrubbers that remove sulphur from the exhaust gases from ships.