The global sulfur cap, starting in 2020, will most likely result in more engine problems for shipowners, writes the International Union of Marine Insurance, IUMI, in an update. Historically, 40 percent of all ship damage claims concern engine problems, accounting for 30 percent of combined costs.
Most engine damage is caused by so-called cat fines, tiny particles left over from the fuel production process which can destroy engines.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.