ANALYSIS OF IMO 2020 AND THE ADAPTATION OF SHIPOWNERS OPERATING IN SPAIN

Authors

DOI:

https://doi.org/10.5821/mt.11030

Keywords:

IMO 2020, Sulphur Limit, Sulphur Emissions, Sulphure Cap

Abstract

Shipping sector has always been pointed as one of the most contaminant ways of transport and this can be debated extensively. Ships emit emissions that contribute to air pollution worldwide and IMO is concerned about the problems of shipping emissions and its hard working to make this sector cleaner and more environmentally friendly.

To achieve this goal, the specialized UN agency is engaged in new regulations. One of the most important ones, which is the backbone of this study, is the new global sulphur limit for maritime shipping that entered into force last 1st of January 2020. Its main objective is the reduction of vessel’s emissions, especially SOX ones. Nowadays, all ships need to use bunkers with a sulphur content that does not exceed 0.5% m/m

The entry into force of the new global sulphur limit for maritime shipping imposed by the International Maritime Organization, last 1st of January 2020, has supposed a huge change for all shipowners and for the whole sector. Several solutions to cope with this appeared on shipowners tables, who faced an important challenge choosing the one that suits them the most.

This paper focuses on making a general overview about the existing academic research done on this topic. Its main objective consists in making a research to see how shipowners operating in Spanish ports have adapted their fleets and to obtain their feedback after these months since the implementation of the new sulphur limit.

Author Biographies

Dr. Jesus Martinez Marin, TecnoCampus, Universitat Pompeu Fabra

Coordinator of the Degree in Logistics and Maritime, Director of the Master's Degree in Logistics, Supply Chain and Maritime Business and Professor of Logistics and Maritime Business of the School of Social and Business Sciences, TecnoCampus of Mataró, Universitat Pompeu Fabra (UPF ) and; Former Professor Doctor of the UPC and President of Rideport .Doctorate in Nautical Sciences and Engineering from the Universitat Politécnica de Catalunya. Rating: “Excellent Cumlaude”. -Diploma of Advanced Studies (DEA) from the Universitat Politécnica de Catalunya -Master in Integral Management · Quality, Environment, Safety and Health at Work from the Universitat de les Illes Balears. -International Master in Port Management from the Polytechnic University of Catalonia -Engineer in Nautical and Maritime Transport of the European Higher Education Area from the University of Cantabria. -Graduate in Nautical Sciences-Mention Navigation. Merchant Marine Captain.

Dra Ivette Fuentes Molina, TecnoCampus, Universitat Pompeu Fabra

Ivette Fuentes holds a PhD in Economics, Law and Business from the University of Gerona, a master's degree in Economic History from the University of Barcelona and a DEA in Applied Economics from the Autonomous University of Barcelona. He is currently researching the determinants of entrepreneurship in Mexico and the effects on regional development. She is a professor at ESCSET (Pompeu Fabra University). His main area of ​​research is the analysis of the determinants of entrepreneurship in Mexico with a special focus on microeconometric analysis and the patterns that entrepreneurship shows in the long run. Ivette also has interests in other branches of the Applied Economics such as over-education and its effects on the labor market. He has also published several articles on technological innovations and business organization.

Downloads

Published

2022-06-21

Issue

Section

Articles