Latest news from Heavy Lift & Project Forwarding International Magazine

ICS fears chaos and confusion

The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the International Maritime Organization (IMO) resolves issues concerning the implementation of the 0.5 percent sulphur in marine fuel cap.

Such chaos, according to the ICS, would have serious consequences for the movement of the world’s energy, raw materials and manufactured products. The 0.5 percent sulphur cap is scheduled to come into effect on January 1, 2020.

Speaking at the ICS annual general meeting in Hong Kong, ICS chairman Esben Poulsson said: “The shipping industry fully supports the IMO global sulphur cap and the positive environmental benefits it will bring, and is ready to accept the significant increase in fuel costs that will result.

“But unless a number of serious issues are satisfactorily addressed by governments within the next few months, the smooth flow of maritime trade could be dangerously impeded. It is still far from certain that sufficient quantities of compliant fuels will be available in every port worldwide by January 1, 2020. And in the absence of global standards for many of the new blended fuels that oil refiners have promised, there are some potentially serious safety issues due to the use of incompatible bunkers.”

Poulsson warned that the industry could be faced with “an unholy mess” with ships and cargoes being stuck in ports, unless there is clarity over what types of fuel will be available and at what price, specification and quantity.

The ICS has emphasised that governments will need to make significant progress on these issues at a critical IMO meeting in July about the impending global sulphur cap.

www.ics-shipping.org

www.imo.org

Heavy Lift | News

BIMCO develops bunker clauses ahead of Sulphur 2020 thumbnail image

BIMCO develops bunker clauses ahead of Sulphur 2020

November 13 - The Baltic and International Maritime Council (BIMCO) has developed two bunker clauses to support the implementation of International Maritime Organization’s (IMO) sulphur 2020 regulations, which come into force on January 1, 2020. 
Views: 743
Scrubbers come under fire thumbnail image

Scrubbers come under fire

November 2 - As shipowners decide on how to comply with Sulphur 2020 regulations, Euronav ceo, Paddy Rodgers, has spoken out against the use of exhaust gas cleaning systems or “scrubbers”.
Views: 1684
IMO adopts carriage ban of non-compliant fuels thumbnail image

IMO adopts carriage ban of non-compliant fuels

October 29 - To support the implementation of the 2020 sulphur cap, the International Maritime Organization (IMO) adopted a carriage ban of non-complaint fuel oil at the Marine Environment Protection Committee’s 73rd meeting (MEPC 73).
Views: 1956
Industry seeks clarity ahead of Sulphur 2020 thumbnail image

Industry seeks clarity ahead of Sulphur 2020

October 3 - A survey conducted by global shipping consultancy Drewry reveals that there is considerable unease among global shippers/beneficial cargo owners (BCO) and freight forwarders ahead of the IMO’s sulphur 2020 emissions regulations.
Views: 2397

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.