There’s a good reason why major associations are targeting MEPC 83 with submissions about bunkering – they see it as an opportunity to get the regulatory certainty the industry needs.

As it says in the OCIMF, IPIECA, and IBIA submission to MEPC 83: All participants in the marine fuel supply chain will see their business change significantly as the 2023 IMO GHG Strategy advances.

MEPC83 could provide some certainty about mid-term GHG reduction measures which build on previously adopted short-term measures. To come is a goal-based marine fuel standard that will phase in the mandatory use of fuels with less GHG intensity and a global maritime GHG emissions pricing mechanism.