Consider This Alternative With reports suggesting that IMO is set to agree on the timetable for a 0.5 per cent global limit on the sulphur content of bunkers in 2020, the time may be coming for shipowners to assess their options.
Consider Petrolast from Premier Chemicals
Early completion of a fuel availability survey well ahead of schedule have prompted the claims. IMO have completed this ahead of schedule by contracting and independent research firm. This was expected to complete in 2018 but is available now.
The cap is significantly lower than the current 3.5 per cent and is bound to has the potential to have a severe financial impact across the maritime industry, This will require a number of measures to combat the rise including ships burning more expensive distillate, moving to alternative fuels or the adoption of Sox scrubbers.
Moving to other fuels and installing scrubbers will take time and effort but many will consider these as cost effective. Moving the global fleet quickly to distillate fuel has many challenges including price and availability. Low sulphur fuels and distillates will spike in demand, this could collapse the global fuel oil demand while the alternatives soar as the industry adjusts to new demand and availability patterns.
Petrolast form Premier Chemicals is a serious alternative that will bring many benefits.
Petrolast from Premier Chemicals would allow ship operators to comply with all the environmental rules that are currently in prospect, which relate to airborne emissions, and stricter Nox, Carbon Dioxide sulphur caps. Conversion to Petrolast brings financial savings as well as stability and future proofing of environmental constraints, meaning that the movement towards Petrolast can be done quickly with cost savings.
As things stand, it seems likely that distillates and low sulphur fuel oils, scrubbers and LNG could mean a costly compliance solution for ships when the global sulphur limit is initially enforced, Questions over availability of fuels have not been properly answered. And then there is the question of what allowances will or won’t be made by IMO to ease this transition? The imponderables are many and various. Whatever happens, the transition away from fuel oil or high sulphur marine fuels to distillate-based low sulphur marine fuels is likely to be fraught with difficulty and cost.
Get on the front foot and contact us today for a trial of Petrolast within your fleet. Feel the benefits first hand on your environmental impact and on your bottom line.
Premier Chemicals Limited – www.premchemltd.com