• 2018 May 21 14:03

    'Sulphur cap chaos in 2020' warn world’s shipowners - ICS

    The International Chamber of Shipping (ICS) fears ‘chaos and confusion’ unless the UN International Maritime Organization (IMO) urgently resolves some serious issues concerning the successful implementation of the 0.5 percent sulphur in marine fuel cap, which is scheduled to come into effect globally overnight on 1 January 2020, ICS said in its press release.

    Such chaos would have serious consequences for the movement of the world’s energy, raw materials and manufactured products – about 90 percent of global trade being carried by sea.

    This was the principal conclusion of the Annual General Meeting of ICS’s member national shipowner associations which met in Hong Kong last week.

    Speaking from 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 1 January 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.’

    Mr Poulsson added:
    ‘Governments, oil refiners and charterers of ships responsible for meeting the cost of bunkers all need to understand that ships will need to start purchasing compliant fuels several months in advance of 1 January 2020. But at the moment no one knows what types of fuel will be available or at what price, specification or in what quantity. Unless everyone gets to grips with this quickly we could be faced with an unholy mess with ships and cargo being stuck in port.’

    ICS emphasises that governments will need to make significant progress on these issues at a critical IMO meeting in July about the impending global sulphur cap, to which ICS – in cooperation with other international industry associations – will be making a number of detailed technical submissions to assist successful implementation of what ICS describes as a regulatory game changer.

    The ICS AGM in Hong Kong endorsed its support for the historic UN IMO agreement adopted in April 2018 on a comprehensive strategy to phase out international shipping’s CO2 emissions completely. This includes targets to improve the sector’s CO2 efficiency by at least 40 percent by 2030 and 70 percent by 2050, and a very ambitious goal to cut the sector’s total GHG emissions by at least 50 percent by 2050 regardless of growth in demand for maritime transport.

    ICS member national associations agreed to contribute constructively to the immediate development of additional IMO regulations that will start to have a direct impact on further reducing international shipping’s CO2 emissions before 2023, in line with the new IMO strategy. They agreed that ICS should come forward with detailed proposals before the next round of IMO discussions in October on reducing GHG emissions from shipping.

    However, ICS members expressed serious disappointment at the apparent intention of the European Union to press on with the implementation of a regional CO2 reporting system at variance to the global system already agreed by IMO, despite having given an undertaking to align the MRV regulation with the global regime.

    ‘We are still waiting to see the final recommendations from the European Commission following a recent consultation’ said ICS Chairman Esben Poulsson. ‘But the industry has made clear its total opposition to the publication of data about individual ships using abstract operational efficiency metrics that bear no relation to CO2 emissions in real life and which will be used to penalise shipowners unfairly.’

    Mr Poulsson added:
    ‘Anything less than a full alignment with the IMO CO2 data collection system will be seen as a sign of bad faith by many non-EU nations who recently agreed to the IMO GHG reduction strategy, precisely to discourage such unilateral measures which risk seriously distorting maritime trade and global shipping markets.’

    The ICS AGM, which was hosted by the Hong Kong Shipowners Association, re-elected Esben Poulsson (Singapore) as ICS Chairman for a further two year term.




2018 June 24

09:52 Bulk Terminals 2018 to be held in Hamburg on Tuesday 23 – Wednesday 24 October
09:50 JAXPORT issues JACKSONVILLE harbor deepening information
09:48 GTT receives the «Most sustainable service provider» award

2018 June 23

09:44 Port of Long Beach announces $16.8 million project to build infrastructure to support zero-emissions cargo-handling equipment
09:43 CMA CGM announces FAK rates from Asia to Red Sea
09:40 Prosafe wins further work for Safe Swift in the Mediterranean Sea
09:35 Costa Cruises celebrates float out of its first ship for China market

2018 June 22

18:24 Shareholders of Volga Shipping Company approve reorganization
18:05 Port of Los Angeles gives $1 million in grants to 30 local organizations
17:50 Denis Khramov appointed as Deputy Minister of Natural Resources
17:29 RF Government approves resignation of Victor Olersky
17:06 TTS Group ASA secures new contracts for RoRo equipment to China
16:05 CMA CGM announces GRR from India to East Africa
15:51 LUKOIL-Bulgaria Bunker starts operating the Bellona tanker at the port of Constanta, Romania
15:34 Port of Rotterdam Authority, DSM, AkzoNobel Specialty Chemicals, FrieslandCampina, Suikerunie, Gasunie, Groen Gas Nederland, ECN, Energy Academy Europe make recommendations for the smarter use of biomass
14:50 Construction works commence in Tallinn Old City Harbour's Terminal D where Tallink ferries are served
14:27 IMO rolls out ferry safety video
14:03 India to make Chabahar Port in Iran operational by 2019
13:38 First shipbroking companies to join SEA\LNG coalition
13:00 Vympel Shipyard delivers 50th fast patrol boat of Project 12150 Mangust to Russian FSB Border Service
12:36 LUKOIL will pay dividends for 2017 in the amount of RUB 130 per ordinary share
12:12 REMPEC hosts regional workshop on response to HNS spills in Valletta, Malta
11:49 IMO regional workshop to address the impacts of fouling
11:25 Ukraine’s water transport carried 0.1 million passengers in 5M’18, up 17.3%, Y-o-Y
11:03 Ulstein announces naming of the Acta Auriga
10:28 “M/V “VASILIY TATISCHEV ” with IMO number 8885157 refused access to the Paris MoU region for the second time
10:21 Brent Crude futures price up 1.15% to $73.79, Light Sweet Crude – up 1.25% to $66.36
10:00 Cargo transportation by Ukraine’s water transport fell by 10.5% to 1.5 million tonnes in 5M’18
09:38 Yevgeny Pankratov appointed as Director of FSUE Rosmorport’s Sakhalin Branch
09:19 Baltic Dry Index down to 1,347 points

2018 June 21

18:27 Diana Shipping announces time charter contract for m/v Philadelphia with Koch
18:00 CMA CGM announces new rotation on ASAF service
17:56 Russia is in need of small bunkering tankers, LNG bunker supply ships and bunker barges - Damen
17:31 Gate terminal (Gasunie/Vopak) to increase ship loading flow rate
16:58 Antwerp blockchain pilot pioneers with secure and efficient document workflow
16:24 Freeport of Riga Authority joins Cruise Lines International Association
16:02 Danaos Corporation announces comprehensive debt refinancing agreement
15:50 MABUX: All eyes are on what course of action OPEC will call for
15:40 12 LNG bunker supply ships to be put into operation in Singapore by 2025
15:02 Ship garbage recycling pilot wraps up at Port of Brisbane
14:39 Vyborg Shipyard launches port icebreaker Ob built for FSUE Atomflot
14:02 APM Terminals supports World Clean Air Day with App upgrade
13:41 Igor Zolotykh appointed as Harbour Master of port Ust-Luga
13:23 Victor Olersky appoints Igor Ishchenko as Harbour Master of port Primorsk
13:02 EU member states’ experts on ship recycling meet in Brussels
12:39 XI Russian Forum “Current State and Prospects for Development of Russian Bunker Services Market” opens in Saint-Petersburg
12:16 ABS issues industry-leading Guide advancing DC power for hybrid electric applications
12:00 Largest gantry crane in the Nordic countries delivered to Meyer Turku
11:57 HVCC Hamburg Vessel Coordination Center and the Rotterdam Port Authority launch unique cooperation
10:55 CMA CGM to acquire CONTAINERSHIPS, a leader in intra-regional transportation in Northern Europe
10:53 Protecting marine life from ship noise is in the focus of meeting on oceans and the law of the sea
10:28 Brent Crude futures price up 0.41% to $75.41, Light Sweet Crude – down 0.59% to $65.3
10:02 Maritime officials in Morocco undergo training at IMO workshop in Casablanca
09:41 Closer look at the interpretation of maritime law
09:19 Baltic Dry Index down to 1,373 points

2018 June 20

18:00 Lead landing ship of Project 11711, Ivan Gren, joins the fleet of RF Navy
17:33 Rosatomflot extends its winter-spring navigation period amid challenging ice conditions
17:05 Genco Shipping & Trading Limited completes common stock offering
16:05 Seatruck Ferries to use larger vessels for Warrenpoint service
15:51 Maritime leaders endorse green initiatives for shipping