The shipping industry, the one on the receiving end of the IMO regulation, will have to deal with not only
the upcoming global 0.5% sulphur cap, but also the existing 0.1% sulphur cap in designated Emission Control Area(ECA).
By implementing the IMO regulation in 2020, shippers will have to switch to any other alternative options
as compliant fuels(MGO/ULSFO), LNG powered vessel or they can install scrubbers (a system that removes sulphur
from exhaust gas emitted by bunkers).
Studies have said uncertainty about sufficient supply of low sulphur fuel oil next year persists.