ShippingWatch

This week's top stories on ShippingWatch

J. Lauritzen is challenged by excessive sulfur in new fuels, Global Risk Management opens new offices and reshuffles management, while a shipping CEO thinks the industry is unprepared for climate-related challenges. These are some of this week's most important stories on ShippingWatch.

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Sulfur regulations rapidly approaching

Shipping companies across the world have for months been working intensively on preparations for the new IMO regulations that take effect from the turn of the year. The regulations mean that ships may only sail on fuel with sulfur content of maximum 0.5 percent. The previous limit was 3.5 percent. However, ships can keep sailing on fuel with sulfur content exceeding 0.5 percent if they are equipped with exhaust-cleaning technology, a so-called scrubber.

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