A survey by ExxonMobil has found that many vessel operators feel unprepared to comply with the 2020 0.5% global fuel sulphur limit set by the International Maritime Organization (IMO).
Results reveal a sense of uncertainty, with 70% of respondents saying they do not believe the marine sector is ready for the deadline.
The survey also showed that the makeup of marine fuel post-2020 is of concern to the industry, with 32% of those surveyed predicting that a combination of heavy fuel oil, marine gas oil and fuels and blends will be used.
When asked about the uptake of liquefied natural gas (LNG), 31% of respondents said that there will be a growth in its adoption as a marine fuel.
“The results of this survey show that we are heading to a multi-fuel future and that there is not one obvious fuel solution that will apply to all vessels,” says Iain White, Global Marine Marketing Manager at ExxonMobil. “To avoid the pitfalls that may lie ahead, it’s vital that operators work closely with fuel suppliers to ensure that they select the best route to compliance.”
The cost implications of the cap were also highlighted as a potential challenge, with 53% of respondents predicting an increase in fuel spend.