Shipping Corporation of India (SCI) has unveiled its plans to use low sulphur fuel to comply with an impending International Maritime Organization (IMO) rule aimed at cutting emissions from ships.
On January 1, 2020, the International Maritime Organization (IMO) will introduce a global cap that limits the sulphur content in marine fuels to no more than 0.5%, a move which has forced shipping lines to change their practices.
In 2018, the IMO also set the goals to reduce the total GHG emissions by 50% by 2050 and CO2 emissions by 40% per unit of transport by 2030, compared to 2008.
Anoop Kumar Sharma, chairman and managing director of SCI said, “We are not putting in any scrubbers whatsoever.
“In the beginning, we were thinking of installing scrubbers on our VLCCs and Suezmaxes, but then, the more we studied, we realised that we will not have a pay-back period.
“So, we will go for the low sulphur fuel. As of now, we are buying high sulphur fuel, but come October, we’ll start buying low sulphur fuel.
A spokesperson from the IMO told PTI that, “There may well be a variety of solutions to meet the goal.
“The IMO GHG strategy sets the goals but leaves the way forward open so that research and development and innovation are encouraged.
“Achieving the goals of the IMO GHG Strategy will require a mix of technical, operational and innovative solutions applicable to ships.