Abstract
IMO enforce new regulation known as IMO 2020 Sulphur Cap which limits the sulphur content in the fuel oil used onboard ships. This new global sulphur cap is a significant challenge for the shipping industry. The compliance options may be classified into three main options: using alternative fuels, low-sulphur fuel oil, and scrubbers. Each option comes with some advantages and disadvantages which creates a trade-off between the options. Some options may require a higher initial investment in terms of capital expenses, and some are more expensive during operations than others. A comparison analysis will be conducted with respect to the environmental and economic aspects.
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