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Analyst Pin-board: IMO 2020

The International Maritime Organization (IMO) has regulated that from January 1, 2020, all vessels operating outside the emission control areas (ECAs) will have to use fuel with a maximum sulfur content of 0.5. % compared to the current limit of 3.5%. This regulation is designed to reduce the amount of sulfur oxide (SOx) from ships discharging into the environment and minimize the impact on the global warming. Previously, in emission control areas (ECAs)* and ports in Europe, IMO has regulated that the sulfur limit in fuel oil used on board is only 0.1%.

Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Tu Vu

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