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Press Article: Sulphur cap regulation will increase P&I exposure
News & Insights 25 February 2019
Eddy Morland, Head of the International Division at The Standard Club, discusses the IMO sulphur cap regulation that kicks in on March 1, 2020.
The IMO sulphur cap prohibits not just the use, but also the carriage, of bunkers above 0.5% sulphur unless the ship has been fitted with equivalent means to comply. The carriage ban is set to come in to force in January 2020.
Eddy Morland, Head of the International Division, discusses the challenges and potential serious implications of the IMO sulphur cap regulation in the latest issue of Insurance Day.
The article is available on the right, reproduced with kind permission, and on the Insurance Day website.