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Dire tanker rates give cause for concern

If these rate levels continue, oil industry will be threatended At last week's INTERTANKO's Council Members meeting, deep concern was expressed over the current parlous state of tanker market rates."If these rate levels continue for a long period, then this could lead to a situation where sustainability of the oil transportation industry is threatened," said INTERTANKO's chairman, Capt Graham Westgarth, who was re-elected as chairman for another two years."Our members operate tankers to the highest standards and will continue to do so. Operating for a prolonged period in an environment where tanker owners are not even covering their operating costs is obviously not a situation that can be maintained," he said.Turning to the problem of reducing greenhouse gas emissions (GHG) from tankers, the committee welcomed the adoption by IMO of amendments to the MARPOL Convention mandating energy efficiency measures (EEDI/SEEMP regulations) on vessels.The meeting advocated that:In the implementation of the EEDI requirements, there should be a 'level playing field' and that the EEDI requirements should apply equally to all ships on the same effective date.Compliance with EEDI should focus on improved hull design, propulsion efficiency and energy optimisation, rather than predominantly on reduced speed designs.Any measures taken to comply with ...

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BIMCO to assist members’ assessment of EEDI implications

BIMCO's Marine Committee said that it was very satisfied to see IMO adopt EEDI At its recent meeting, BIMCO's Marine Committee said that it was very satisfied to see IMO adopt EEDI technical and operational measures to reduce GHG emissions from ships."EEDI provides both opportunities and challenges for our industry", said BIMCO Marine Committee chairman Philip Embiricos "....opportunities to build and operate more energy-efficient and cost-effective ships and challenges for ship designers and ship builders to excel their naval architectural and engineering skills focusing on efficiency improvements."BIMCO has evaluated the commercial implication of new ships built after 1st January 2013 being granted waivers from the flag state for compliance with the EEDI requirement.As a result, a firm recommendation was made that due to the lifespan of ships and the significant uncertainties in respect of governments' environmental agendas and how these may be applied, members should abstain from building new ships without certified EEDI compliance.Such ships would be compromised in relation to their future secondhand value in the market, potentially restricted in their ability to trade worldwide and be less attractive in the charter market due to their perceived lower efficiency."BIMCO has a duty to provide the best possible information enabling ...

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Sinopacific wins order for four bulkers

Sinopacific Shipbuilding said its Crown 63 design feature the EEDI Sinopacific Shipbuilding Group on Saturday penned an order to build four 63,500 dwt supramax bulk carriers for an international shipowner. The order includes an option for two more vessels.Financial terms for the contract were not disclosed. Sinopacific Shipbuilding said its Crown 63 design features the energy efficiency design index (EEDI) parameters to meet the standards of IMO.The Crown 63 design also provides 9% more deadweight tonnage and 13% less bunker fuel consumption."Sinopacific Shipbuilding Group will continue to persist in its strategy of relying on the innovation of business models and advanced technology to maintain its leadership position in this niche market of shipbuilding," said Simon Liang, chairman of Sinopacific Shipbuilding.Source: Seatrade-Asia

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German study unveils that EEDI suffers from important flaws

Its author claims that the only solution is A German study has made the conclusion that the Energy Efficiency Design Index (EEDI) appears important signs of flaws that will cause tention in the market. Stefan Kruger, the study author, of the Technical University of Hamburg-Harburg said that the only solution is "scrapping the EEDI altogether" and that it is a flawed concept based on extremely lousy mathematics. EEDI will become mandatory in 2013.The EEDI uses the average efficiency of an entire vessel class as a benchmark for individual vessels' efficiency. Because of the way it is calculated, it becomes impossible for vessels of a certain weight to surpass pre-determined speeds. A 10,407 dwt ro-ro vessels with engines powerful enough to reach 22 knots would never be able to pass EEDI certification.This effectively imposes a speed limit on vessel classes and larger vessels will not be able to install engines powerful enough to ensure safetyRo-ro vessels are currently exempt from EEDI regulations, due to the distorting effects of the EEDI calculation method The IMO will be meeting in January to discuss the application of EEDI to ro-ro vessels.The European Maritime Safety Agency recently publicised a paper it had commissioned from Finnish ...

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Good response to Maritime Singapore Green Initiative

Government ready to put another US$19m into Green Technology Programme The Singapore government is "very encouraged by the good response and participation from the industry we have received so far" to its Maritime Singapore Green Initiative that was launched in July, according to Lam Yi Young Maritime and Port Authority of Singapore's chief executive.Speaking at the Green Ship Technology Asia Conference this week, Mt Lam said: "These are voluntary programmes designed to recognise and provide incentives to companies that adopt clean and green shipping practices over and above the minimum required by IMO Conventions. " He explained that the Singapore Green Initiative comprises three programmes - the "Green Ship Programme", "Green Port Programme" and the "Green Technology Programme".The Green Ship Programme is targeted at Singapore-flagged ships that exceed the IMO's recently adopted Energy Efficiency Design Index (EEDI) requirements. Under the programme, qualifying ships are eligible for a 50% reduction in Initial Registration Fees payable and a 20% rebate on their Annual Tonnage Tax. Recognition will also be given in the form of certificates and a new "SRS Green Ship of the Year" award starting from the next Singapore International Maritime Awards in 2013.The Green Port Programme aims to encourage ocean-going ...

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EMSA issues Study on tests and trials of the EEDI as developed by the IMO

EEDI Test & Trials for EMSA A CO2 design index has been in development within the IMO. The index is currently commonly known as the Energy Efficiency Design Index (EEDI). Once approved, it will in theory reduce CO2-emissions from new ships in the future. If the EEDI will be approved in the next MEPC meeting (62), it will first apply to conventional vessels.After the initial phase of two years, the index will be expanded to also include RoRo and RoPax vessels.The main goal of the EEDI is to reduce global CO2 emissions, however, without distorting competition or restricting trade or growth among other things. By expanding the EEDI to include short-sea shipping vessels, especially European RoRo and RoPax vessels, there is a great risk of affecting the main design parameters of these vessel types in such a way that future designs will be extremely difficult, if not impossible to complete. These difficulties are caused by special vessel characteristics such as high service speeds as well as installed reserve power that are required by short-sea shipping vessels.This study will further investigate whether any modifications or adjustments could be defined for the EEDI methodology, so that RoRo and RoPax vessels could be ...

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International Chamber of Shipping urges shipowners to get EEDI

They met in London on 13 September The Board of Directors of the International Chamber of Shipping (ICS), whose member national shipowners' associations represent all sectors and trades and over 80% of the world merchant fleet, met in London on 13 September.CO2 RegulationICS members expressed great satisfaction with the adoption in June, by the International Maritime Organization (IMO), of a package of technical regulations to help the shipping industry further reduce its CO2 emissions on a global basis. ICS members stressed that this demonstrated that IMO was eminently capable of regulating shipping's CO2 emissions, and that with the full support of the industry IMO was ahead of the curve and well placed to supplement this with the development of Market Based Measures for shipping. The ICS Board reiterated the preference of the majority of the industry for an environmental compensation fund, to which any contributions by ships would be primarily linked to fuel consumption, rather than an emissions trading scheme.Now that IMO has adopted binding regulations, that will enter into force in 2013, ICS hopes this will be sufficient to dissuade governments from pursuing detailed CO2 rules for shipping at the UNFCCC or through regional requirements, for example by the ...

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Shipping must learn to fly the green flag

John Aitken of SEAaT argues an emissions trading scheme is the best way for shipping industry In the same way as other industries strive to reduce their carbon footprints, the sector that underpins 95 per cent of the world's trade - shipping - must do likewise. For this to happen, we need global collaboration and engineering innovation supported by regulation that applies to all vessels, regardless of their flag.2011 is shaping up to be an important year for shipping. United Nations agency International Maritime Organisation (IMO) appears to have laid the groundwork with its recent Energy Efficiency Design Index (EEDI), a meaningful step forward for the industry and no mean feat, considering the challenge of finding agreement between developed and developing countries, as seen at the IMO and UN Framework Convention on Climate Change talks.EEDI adoption signals real progress and sends a clear message that the IMO is serious about reducing emissions. This is no more than a first step, however. Now that the EEDI has been made mandatory, the path is clear for discussion of a practical approach to targeted emissions reduction via market-based measures, including the Emissions Trading Scheme (ETS).An ETS is essential if shipping is to avoid ...

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ClassNK issues technical information re Appraisal services for EEDI of ships

TEC-0863 ClassNK ClassNK issues technical information TEC-0863 regarding Appraisal services for EEDI of ships as follows:Amendments to MARPOL Annex VI making the "Energy Efficiency Design Index" (EEDI)*1) and the "Ship Efficiency Management Plan" (SEEMP)*2) mandatory were adopted at the 62nd session of the Marine Environment Protection Committee (MEPC 62) held in July 2011, and will become effectivefrom 1 January 2013.ClassNK has already started to offer appraisal services related to improving the energy efficiency of ships prior to the effective date of the amendments.This ClassNK Technical Information provides information relating to the appraisal services along with a summary of the outcomes of MEPC 62.Summary of MEPC 62 outcomes(1) Amendments to MARPOL Annex VI were adopted that make the EEDI and SEEMP mandatory. A brief outline of the amendments is given below.(a) The Attained EEDI of each new ship for which the building contract order is placed on or after 1 January 2013 (in the absence of a building contract, the keel of which is laid or which is at a similar stage of construction on or after 1 July 2013) or the delivery of which is on or after 1 July 2015, is to comply with the EEDI limit value specified ...

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GL Exchange Forum – Report on MEPC’s 62nd session

The adoption of EEDI and SEEMP marked the session The subject of Carbon Dioxide dominates the future of many industries today. Whether it be the Shipping, Automotive, Aviation, or Power Generation industries the questions of how to account for, reduce, produce, capture and minimise the impact of Carbon Dioxide generated by that industry is seldom left out of the discussion.So it was Germanischer Lloyd's traditional recap of the latest session of the Marine Environment Protection Committee (MEPC) of International Maritime Organization (IMO), focused on the groundbreaking developments at the 62nd session.The 62nd Session was notable for several reasons, the use of a vote to approve the measures rather than by consensus and the establishment of a North American emissions control area for example. However it was the adoption of the Energy Efficiency Design Index (EEDI) and the Ship Energy Efficiency Management Plan (SEEMP) that marked the Session as being of historical significance.Adopted as amendments to Annex VI of the MARPOL Regulations these measures, when they enter into effect, will represent the first global mandatory carbon dioxide reductions implemented by any industry.The forum was held on 25 August at GL's Head Office in Hamburg. More than 100 representatives from the maritime ...

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