23JUL2019 - NEWS - Jamaica Growing As Major Bunkering Hub And Ready For IMO2020

With its geographical advantage, Jamaica is taking steps to become a true logistics hub for the Caribbean region. The projected increase in shipping traffic made possible by the widening of the Panama Canal, will provide the opportunity for Jamaica to capitalise on a greater demand for bunkers. In light of all this, on January 1, 2020, the International Maritime Organization (IMO) will implement a new regulation - dubbed IMO 2020 – where vessels will only be allowed to use fuel with a maximum sulphur content of 0.50 per cent as against the current limit of 3.50 per cent.