Tag: 2020 sulphur cap

Scrubbers are an accepted equivalent measure from compliance with thee IMO 2020 sulphur cap. crubbers have divided the shipping industry, while ports around are analyzing their impact in their waters. In the latest development, MPA Singapore will ban the discharge of wash water from open-loop scrubbers, as from January 1, 2020.

MPC Container Ships exercised options to equip five more vessels with scrubbers, while charters for six scrubber-retrofitted vessels have also been agreed. The charterparties will start after scrubber retrofitting and with a duration into 2022.

MPA Singapore will ban the discharge of wash water from open-loop scrubbers, as from January 1, 2020. The ban is part of the MPA's attempt to prepare the port ahead of the 2020 sulphur cap. In order to facilitate the implementation of the ban, Singapore will provide facilities to collect the residue generated from the operation of scrubbers.

GoodFuels Marine along with bulker and tanker owner and operator Norden A/S, has successfully completed trials of the world’s first zero emission, ‘drop in’ Heavy Fuel Oil. The Bio-Fuel Oil is able to deliver almost zero carbon and Sulphur Oxide emissions without requiring engine modifications.

Greek Diana Shipping will not choose scrubbers to comply with the 2020 sulphur cap. Namely, the company believes that this technology is not an attractive investment at the moment. As Ioannis G. Zafirakis, Diana Shipping’s Director, Chief Strategy Officer and Secretary, explained the company concluded that buying back its stock offers would offer better return possibilities.

Sadan Kaptanoglu will become BIMCO's first woman President in June 2019. Ms. Kaptanoglu supports the Women in Maritime initiative to attract more women in the sector. However, the economic, regulatory and environmental challenges will remain at the centre of her agenda.

As we are getting near the 2020 sulphur cap, a study by Global Market Insights reported that the marine emission control system market size will exceed USD 14 billion by 2024. Strict laws regarding maritime pollution combined with rising environment & health concerns will drive the marine emission control system market to grow even more.

Kühne Logistics University and Hapag-Lloyd announced the launch of the Hapag-Lloyd Center for Shipping and Global Logistics. The centre, focusing on maritime logistics, aims to promote the discourse between international research and the shipping industry.

The West of England P&I Club informed that the Taiwanese Ministry of Transportation and Communications (MOTC) advised that from 1st January 2019, vessels entering international commercial port areas in Taiwan, should use fuel oil with a sulphur content of not over 0.5%. The ports that will enforce earlier the sulphur cap regulation which are Keelung, Taichung, Kaohsiung, Hualien, Taipei, Suao, and Anping.

Blockchain Labs for Open Collaboration MIT Solve’s Coastal Communities Challenge, for its work in developing shipping Emissions Monitoring Reporting solutions. The Solve’s Challenge Leadership Group judges opted the Solver teams as the ideal set of solutions showing potentials into tackling large-scale global challenges.