Lloyd's Register has developed this free evaluation tool in response to many enquiries from our clients to help them assess their possible routes to compliance with the global sulphur in fuel oil limit of 0.50% by 2020.
The benefit of each of the different compliance strategies will be unique to each ship owner, as the options are dependent on the ship type, as well as numerous other operational and economic variables.
This tool aims to give a high-level indication on the operating cost and investment implications of different compliance strategies, such as transitioning from high sulphur fuel oil (HSFO) to low sulphur fuel oil (LSFO), use of distillates, use of exhaust gas cleaning systems (EGCS) or use of other compliant fuels, such as LNG or methanol. It allows the user to change some of these critical variables to assess and compare the commercial impact and the annual SOx and CO2 emissions of each of these options.
Certain industry validated assumptions underpin the outputs of this tool and should therefore only be used as an initial, high-level assessment. If you would like to carry out a more bespoke, techno-economic analysis to support and validate the decision-making process for an investment, then please contact your local Lloyd’s Register office, or use the request for information button to request further support and information.
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