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IMO 2020 standards: Indian shipping companies face a Hobson choice
Jul 04: With IMO 2020 standards just two years away, the Indian shipping industry faces a Hobson's choice.
8Other fuels are emerging as alternative options to low sulphur fuel oil, including LNG.
8The cost of adoption is going to be high for an industry already in deep crisis.
8Should scrubbers be used instead. "No", seems to be the consensus
8Different segment-wise options will have to be explored.
8What will be the cost of switching to low sulphur fuels? No accurate estimates are available yet
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