Env

iron

men

tal B

unke

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gisl

atio

n an

d th

e

Pot

entia

l Im

pact

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ouve

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arke

t

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201

4

Key

Org

aniz

atio

ns

4IM

O –

Inte

rnat

iona

l Mar

itim

e or

gani

zatio

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4M

ARP

OL

4Tr

ansp

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anad

a –

PSC

offic

ers

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Euro

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Uni

on E

nviro

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irect

ives

- 2 -

MA

RPO

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tern

atio

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onve

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rth

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even

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ollu

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from

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O C

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AR

POL

73/7

8 A

NN

EX V

IEn

tere

d in

to fo

rce

May

19,

200

5 to

set l

imits

on

Sulfu

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xide

and

Nitr

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de e

miss

ions

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iber

ate

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ions

of o

zone

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letin

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nces

.20

11 w

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gro

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reak

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year

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dopt

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tory

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ope

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nerg

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ficie

ncy

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duce

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Gs f

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ship

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ly:

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sulp

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f 3.5

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orld

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e•

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n Em

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ntro

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enf

orce

d as

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t 201

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th A

mer

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plor

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the

ratifi

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nnex

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ndes

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ishm

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miss

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rea

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US

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anad

a en

viro

nmen

tal l

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latio

n - 4 -

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th A

mer

ican

EC

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hart

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MA

RPO

L 73

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Ann

ex V

ITh

e am

ende

d A

nnex

VI s

tipul

ates

the

follo

win

g su

lphu

r red

uctio

ns:

4

As

of 1

Jul

y 20

10 –

low

ered

sul

phur

lim

it in

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to 1

.00%

max

W

ith th

e in

trodu

ctio

n of

par

ticul

ate

mat

ter (

PM

) as

an e

mis

sion

crit

eria

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CA

was

rena

med

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A (E

mis

sion

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trol A

rea)

4

1 J

anua

ry 2

012

– lo

wer

ed th

e gl

obal

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phur

cap

to 3

.50%

max

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ased

on

sam

ples

sub

mitt

ed to

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by

key

test

ing

serv

ices

, the

wor

ldw

ide

sulfu

r a

vera

ge w

as a

bout

2.6

%. –

muc

h lo

wer

than

the

new

lim

it.

4 1

Jan

uary

201

5 –

low

er s

ulph

ur li

mit

in a

n EC

A to

0.1

0% m

ax

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entia

lly th

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eans

usi

ng m

ax 0

.10%

S D

MA

whi

le in

an

EC

A. B

ecau

se o

f con

cern

s

with

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aini

ng th

is fu

el o

utsi

de th

e U

SA

and

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ope,

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duce

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ilabi

lity”

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ovis

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r Reg

ulat

ion

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g th

e ac

tions

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ired

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ocum

ent a

shi

p’s

in

abili

ty to

obt

ain

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4

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anua

ry 2

020

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wer

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glob

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ulph

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ap to

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Pet

role

um In

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oes

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elie

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ach

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efor

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s

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view

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houl

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view

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lt to

1 J

anua

ry 2

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exce

pt in

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urop

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here

the

2020

dat

e re

mai

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he “f

uel a

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bilit

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ould

als

o ap

ply

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loba

lly.

- 6 -

IMO

MA

RPO

L 73

/78

Ann

ex V

ISu

lphu

r Sum

mar

yEC

A4

Prio

r to

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ly 2

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1

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41

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201

0

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00%

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ary

2015

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ax4

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12

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y 20

20

0.5

0% m

ax

- 7 -

- 8 -

Nor

th A

mer

ican

EC

A e

nfor

cem

ent

Can

ada

4Tr

ansp

ort C

anad

a Po

rt St

ate

Cont

rol O

ffice

rs (P

SCO

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che

ckre

leva

nt d

ocum

enta

tion

the

ship

shou

ld b

e ca

rryin

g:•

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ship

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nker

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iver

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ceip

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ver

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lphu

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pplie

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nd a

lso th

e M

ater

ial S

afet

y D

ata

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for f

uel

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mpt

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sider

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ome

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ferre

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ary

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ughl

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rresp

ond

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way

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tate

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ibili

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Hon

g K

ong

plan

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ly to

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nate

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the

surr

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elta

as

an E

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, to

appl

y a

“Rin

glem

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smok

e te

st in

por

t, to

lim

it M

GO

sol

d in

the

port

to m

ax 0

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sul

phur

by

2014

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in 2

015

man

date

max

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ulph

ur w

hile

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ber

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eres

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n EC

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4Av

aila

bilit

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d su

pply

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arin

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asoi

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ts: w

ill th

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ave

LS G

asoi

l ava

ilabl

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Incr

ease

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liver

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ue to

mul

ti-pr

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uire

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ts.

4A

s reg

ulat

ion

chan

ges,

cost

incr

ease

s by

20-2

5%

Wha

t doe

s th

is m

ean

for

bunk

erin

g in

Van

couv

er?

- 11

-

- 12

-

The

Futu

re4

2020

Reg

ulat

ions

4LN

G V

esse

ls