Friday, 01 December 2017 12:40

ICS prepares suppliers for changes in fuel demand

487 bunkers

Speaking at the Platts' Mediterranean marine bunker fuel conference in Athens, the International Chamber of Shipping’s Director of Policy, Simon Bennett, noted that marine bunker suppliers should anticipate that the demand for fossil fuels from shipping will diminish over the next 25 years, and that the sector is now on an inevitable trajectory towards a future of zero CO2 emissions. In his speech, Mr. Bennett, spoke to the initial goal of holding the sector's total CO2 emissions below 2008 levels and the challenges with weighing concerns raises by emerging economies. The International Maritime Organization’s 2020 global sulphur cap will enter into force without delay. 

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