The price is not the only challenge awaiting carriers when the new sulfur regulations come into force in less than one month. Handling the new low sulfur fuel, MGO, and not least in terms of switching from heavy fuel to MGO in the emission control areas, will become a critical task for crews manning the ships, says marine insurer Skuld in a brief on the topic.
California represents the only region to have gained experience with the use of low sulfur fuel oil, as the region as early as January this year introduced the 0.10 percent limit that will come into force on January 1st 2015 in northern Europe and off the coast of North America. And one specific development in California is particularly noteworthy, according to Skuld. Namely that the number of ships experiencing engine failures off the coast of California has increased since the regulations came into force: