MEMBER ALERT Shipowners Claims Bureau, Inc., Manager One Battery Park Plaza 31 st Fl., New York, NY 10004 USA Tel: +1 212 847 4500 Fax: +1 212 847 4599 www.american-club.com American Club Member Alert – September 19, 201 8 1 SEPTEMBER 19, 2018 INTERNATIONAL CHAMBER OF SHIPPING (ICS) GUIDANCE ON COMPLIANCE WITH THE 2020 “GLOBAL SULFUR CAP” The forthcoming mandatory implementation, as of January 1, 2020, of the MARPOL Annex VI requirements to limit sulfur emissions to 0.50% for vessels trading globally outside sulfur Emission Control Areas (ECAs) has been causing significant concerns for the industry. As a result, the ICS has recently issued a guidance for shipowners, Compliance with the 2020 ‘Global Sulphur Cap’. It provides an overview of the upcoming requirements with recommendations on developing an implementation plan to meet the mandatory deadline of January 1, 2020. The ICS guidance assumes that the owner/operator has chosen to achieve compliance through the use of fuel oil with a sulphur content of 0.50% m/m or less (such as 0.50% blends or 0.10% distillate). Your Managers recommend that Members take note of the Guidance, and be guided accordingly.