speed reduction

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No appetite shown for speed reduction regulation

The IMO met in London this week, in order to discuss how the shipping industry can continue with its decarbonization plan. IMO agreed that a goal-setting approach is the best way to reduce carbon emissions in the short-term, while full details of the approach will be resolved next year.

Vessels’ speed limits to have positive impact on the environment

A newly-launched study focuses on the importance of reducing shipping emissions and its benefits in favour of humans’ health, nature and the environment by reducing vessels’ speed. The report highlights that a 20% reduction in vessels’ speed would decrease GHG emissions, as well as curb pollutants that pose great risks on human health, as black carbon and nitrogen oxides.

New Zealand ferry company fined NZ $380,000 following grounding

A New Zealand ferry company was fined with the amount of NZ $380,000 because the company’s ferry “City Cat” grounded on April 2017; The fine was also issued because the company failed to ensure the safety of the passengers’ and other sea users.

BIMCO proposes limiting vessels’ power for less shipping emissions

BIMCO submitted a proposal to the IMO that aims to help curb emissions by regulating ships’ power, rather than focusing on raw speed limits, and presents a way to cut emissions based on the average performance of each ship type trading at target operational speeds for the past three years.

French President has the limit of ships’ speed as a priority

During the G7 summit in Biarritz, the French President Emmanuel Macron suggested that reducing ships’ speed would be one way to decrease maritime transport’s carbon emissions footprint. This is a proposal that Greece has supported as well.

Canada fines vessel for breaching speed restriction in Gulf of St. Lawrence

The Government of Canada has introduced several measures to address the risks endangered whales face from both marine and fishing activity. For this reason, Marc Garneau, Minister of Transport, announced that the department has fined a vessel for alleged non-compliance of a temporary mandatory speed restriction.

The Panama Canal implements speed limits to protect whales

Starting from 1st August and until 30 November 2019, the Panama Canal will implement speed limits aimed at protecting cetaceans, including whales, dolphins and other large aquatic mammals, during their nearby seasonal migration. As such, ships should proceed at a speed of not more than 10 knots in specified areas.

Canada fines ship for breaching speed restriction in Gulf of St. Lawrence

The Government of Canada has introduced several measures to address risks endangered whales face by marine shipping and fishing activity. For this reason, Marc Garneau, Minister of Transport, fined one vessel $6000 alleged non-compliance of a temporary mandatory speed restriction. 

2020 and beyond: The Ship Operator’s Perspective

During the 2019 Hellenic American Maritime Forum in Athens, Mr. Panos Kourkountis, Technical Director, Sea Traders SA, focused on 2020 sulphur cap and the operators’ perspective regarding the GHG emission reduction. He noted that unless safe, cheap and CO2 free fuel is made available in the near future, the shipping industry must implement a combination of emissions reduction measures to achieve 2030 and 2050 goals.

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