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MEDIA STATEMENT FROM IAN ADAMS, EXECUTIVE DIRECTOR, CLEAN SHIPPING ALLIANCE 2020

"Given the unprecedented circumstances we all find ourselves, we should not dwell too much on the narrowing fuel price spread. Bunker prices will undoubtedly be distorted due to the difficult and challenging post-coronavirus market, exacerbated by the spat between Russia and Saudi Arabia which is culminating in an oil surplus in a market where demand has reached a nadir.

 

"Certainly, media reports concerning the narrowing of fuel prices should not be a deterrent to the wider take-up of marine exhaust gas cleaning systems (EGCS) as the technology remains the optimal, most effective means of meeting MARPOL Annex VI requirements. The use of EGCS also avoids the uncertainty surrounding the quality and availability of VLSFO.

 

"Existing and new users of EGCS have invested in the technology first and foremost to reduce the impact of sulphur emissions on human health. Indeed, with members of the Alliance reporting that their installations are reducing sulphur emissions down to less than 0.10%, well below the mandatory 0.50%, then their investments can be considered not only sensible but successful."

 

- Ian Adams, Executive Director, Clean Shipping Alliance 2020.



About CSA 2020 

 

The Clean Shipping Alliance 2020 (CSA 2020) represents large group of leading companies from the commercial and passenger shipping industries that have been leaders in emission control efforts through significant investments in research and analysis, funding and committing resources to comply with 2020 fuel requirements through the development and use of Exhaust Gas Cleaning Systems (EGCS).

 

The Alliance was formed in September 2018 with a mission to provide information and research data to better inform industry and the wider public. In addition to serving as an advocate for companies working to reduce marine exhaust gas emissions, CSA 2020 will support the scheduled implementation and effective enforcement of the International Maritime Organization’s (IMO) requirement for a 0.5 percent global sulphur cap on fuel content as of January 1, 2020.

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