As part of its efforts to comply with the 2020 sulphur cap, South Korean shipping company HMM announced the signing of a memorandum of understanding (MoU) to establish a win-win fund for scrubber installation and to seek cooperation in the shipping-related industries.
In an event in late February, Bermuda-based Nordic American Tankers Ltd (NAT) reiterated that scrubbers are not a solution for the company, in view of the 2020 sulphur cap, and it will ‘not take on risk it does not have to’.
Euronav has chartered a tanker to bring a 30,000 tonne cargo of low-sulphur fuel oil from northwest Europe to Malta, where its megatanker, Oceania, is located since January 12. The tanker loaded the low-sulphur fuel from Antwerp and is expected to reach Malta on March 20, Then it will probably transfer the fuel onto the ultra large crude carrier via ship-to-ship operation.
Japanese NYK announced it has secured a 9 billion yen syndicated loan agreement with MUFG Bank Ltd., with the aim to install scrubbers. This forms part of NYK’s medium-term management plan, which includes the group’s intent to integrate environmental, social, and governance (ESG) initiatives into management.
Swedish tanker owner Stena Bulk announced it has made a major investment in scrubbers and will have 16 units installed before January 2020, on a total of 10 IMOIIMAXes, 5 Suezmaxes and one of standard MR. The move is part of the company’s plans to comply with the 2020 sulphur cap.
According to IBIA, a full review of the 2015 Guidelines on Exhaust Gas Cleaning Systems needs more time, as only elements regarding malfunction of the EGCS system or a monitoring instrument have been sent for approval by the IMO’s Marine Environment Protection Committee in May. MEPC 74 will also discuss about ways to address any potential environmental impact of scrubber discharges to water.
While speaking at the last SAFETY4SEA Conference in Cyprus, Mr. Ioannis Efstratiou, Senior Marine Surveyor, Cyprus Shipping Deputy Ministry, shared his predictions on the maritime landscape in the near future, focusing on the environmental challenges relating to 2020 sulphur cap, GHG emissions, ship dismantling and BWM regulations.
During the 2019 SAFETY4SEA Conference, Mr. Dimitrios Ioannis Kalfas, Engineering Team Leader, Argo Navis, insisted on proper and timely planning for a BWTS or a scrubber retrofit as the best way to deal with the developing industry bottleneck. He also outlined a series of retrofit Pain Points which can set calendars back during planning, such as class approval, owner supplied items, yards and transportation of equipment.
We are currently navigating the 4th industrial revolution, the so called Shipping 4.0 which focuses on digitization, environmental leadership and safety excellence. During the course of 2018 we have ween IMO announcing an ambitious strategy toward 2050 emissions reduction by 50%, discussions over the forthcoming 2020 Sulphur Cap implementation and also a heated debate on whether to scrub or not to scrub.
The 2019 GREEN4SEA Conference successfully concluded on Wednesday 13th of March, at the Lighthouse at Stavros Niarchos Foundation Cultural Center (SNFCC), attracting 750 delegates from a total of 350 organizations.
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