The Palau International Ship Registry (PISR) has undertaken a survey, IMO 2020 Sulphur Regulation | Your Opinion Matters, among owners and operators regarding their attitude towards the IMO 2020 marine fuel sulphur cap transition and how they will react after 1 January 2020. The results give an illuminating snapshot of IMO 2020 state of play
The PISR survey was conducted over a six-month period commencing in April 2019 and asked shipowners, managers and operators for their views on the IMO 2020 marine fuel sulphur cap:
PISR’s chief executive Panos Kirnidis commented that he sees the survey results as very encouraging in terms of compliance. He said “Our PISR survey has shown that the industry takes these issues seriously. Despite the views in much of the maritime media about the implications for individuals it was pleasing to note that more than a third of respondents see the cap having a positive effect on their operations. As one of the world’s leading ship registries we understand our support will be even more important to shipowners in the run up to the cap and beyond.”
“We are very encouraged with many of the results from the survey; many of the respondents believe it is a positive step with the majority of responses suggesting it probably would not have much of an effect on their business. This seems surprising in terms of the financial implications and the thoughts in the media over the past 12 months about how expensive many shipowners feel the industry has become, so we see this as an indication of the committed approach they have towards compliance.”
There were three key questions in the survey (see below), which can be summarised as Will you comply? How? Will implementation be delayed?
The Palau International Ship Registry survey is an important snapshot of the state of play just a few months away from implementation, especially the response to question 1 above that 22% of respondents are unable comply. This could mean the IMO 2020 marine fuel sulphur cap transition could have a much bigger impact than had been envisaged.
The full results of the PISR survey are now available from the Palau International Ship Registry website.
The issues surrounding compliance with IMO 2020 marine fuel sulphur cap transition and the impact after 1 January 2020 will be discussed at the Asian Sulphur Cap 2020 conference in Singapore on 15-16 October 2019.