Compliance with the International Maritime Organization’s global sulfur limit for marine fuels will likely settle around 90% or 95% in the initial years after 2020, well above some industry estimates that pointed to compliance of 70%-80% a year ago, a bunker industry veteran and senior partner at 2020 Marine Energy, Adrian Tolson, said at an industry event Monday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The 2020 HSFO carriage ban, MEPC’s [Marine Environment Protection Committee’s] recent meeting in May and a growing awareness of the high risks of non-compliance have largely changed views on estimates,” Tolson said during S&P Global Platts’ 3rd Annual Bunker and Shipping Asia Conference in Singapore. Most shipowners of any size who want to trade internationally want to be compliant, Tolson said. Some industry estimates point to a 5% non-compliance post 2020, which might be too low as […]