The Panama Canal Authority (ACP) announced improvements to its Green Connection Environmental Recognition Program, which sees vessels that comply with the highest environmental performance standards; http://bit.ly/2QhzKB0 IMO2020 Sulphur
Here is the first news update of 2020 and marks the introduction of the IMO’s global Sulphur cap. Below you will find a number of stories related to the 2020 sulphur cap and its affects on the global shipping and international trade. Lloyd’s List US amends rules to allow sale of 0.5% sulphur marine fuel. … Read moreNews update: 2 January 2020
Shipping Watch: Container rates soar ahead of 2020 Container rates increased 9 percent last week, show data from the SCFI. Jefferies says scrubber retrofits and new bunker surcharges inflate rates, while SeaIntelligence Consulting CEO Lars Jensen mainly sees effects tied to preparations up to 2020. More https://shippingwatch.com/secure/carriers/Container/article11795129.ece (subscription needed) Maritime Executive: Nautilus: Mariners Risk … Read moreNews Round Up 9 December 2019 – 24 days to 1 January 2020
A statement issued by the Union of Greek Shipowners following the recent MEPC meeting in London warmly welcomes the significant progress made regarding the outstanding issues related to the challenges stemming from the implementation of the new 0.5% sulphur limit on marine fuels. http://bit.ly/2X14bhd IMO2020 Sulphur
Hunan, China — China is set to tighten its sulfur-limit restrictions for ships by extending the 0.5% bunker fuel sulfur limit from the initially designated Emission Control Areas (ECAs) to the entire coastline, industry sources told Platts. In view of the rising concerns over environmental pollution, tightening sulfur-limit restrictions is no surprise, a Beijing-based coal trader … Read moreChina to extend sulfur limitations for bunker fuels along entire coastline
A new survey by Drewry has painted a bleak picture of the industry ’s understanding of what the cost of compliance will be for the upcoming IMO 2020 rule. Of the respondents, 75% of global shippers/Beneficial Cargo Owners (BCOs)) said they had to receive information from their providers on how the cost will be met … Read moreCost of IMO 2020 still a major unknown: Survey
We are pleased to see more attention being paid to the issue of tank cleaning in the run-up to the IMO global sulphur cap. After all, it’s little more than 18 months away (depending on when you get round to reading this!) and the cleaning of tanks to prevent contamination will be of vital importance … Read moreTANK CLEANING: NOW WE GET DOWN TO BUSINESS!