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VUCA surrounds the industry ahead of IMO 2020 says Serge Dal-Farra

IMO 2020 - Total Lubmarine
The industry ahead of IMO 2020

In January’s edition of Hansa International Maritime Journal, Total Lubmarine Marketing Director, Serge Dal-Farra, lends his opinion to the technical challenges for the marine lubricants market ahead of 2020.

Mr. Dal-Farra discussed the confusion Total Lubmarine is experiencing on the market ahead of the 1 January 2020 deadline, summarising it through the term VUCA, Volatility of the market, Uncertainty of what lies ahead, Complex decisions and Ambiguity. He commented:

“As 2020 gets closer, the market is slowly taking steps to choose the right solution. Uncertainty still resides in the industry with no clear outcome until 2020, where the clear winner will be the solution that works. Steps are being taken by both the OEM’s and shipowners to meet with the challenges ahead.”

Mr Dal-Farra further made reference to the logistical challenge of supporting a multi-fuel era, highlighting the options available to shipowners and operators to be compliant (blended fuels, scrubbers or LNG). He added that Total believes that LNG will take the lead in the future as studies are showing that this fuel is coming out as the most compliant for shipowners to use.

To read the article in full, click here.

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