The absence of terminal and tank farm capacity has generated a growing demand for oil tankers to be used as floating storage, which is being reflected in daily hire rates, the Swedish Club noted in a new article discussing legal implications for charterers employing tankers as floating storage.
DNV GL, together with marine insurers The Swedish Club, Norwegian Hull Club, Skuld and Gard have completed a study of the properties of environmentally acceptable lubricants (EALs) for stern tube applications, in response to the growing number of stern tube bearing failures recently. In fact, DNV GL sponsored lab tests demonstrating that EALs behave differently than traditional mineral oils under transient pressure and temperature conditions.
In light of the approaching IMO 2020 sulphur cap, the International Group Clubs acknowledged that the regulation presents crucial challenges for the shipping industry; Thus, they focused on informing what the penalties for non compliance will be, while also highlight that they closely monitor the situation.
After the MEPC 73 in October which confirmed that there would be no delay in the implementation date of 2020 sulphur cap, the Swedish P&I Club in cooperation with Ince&Co law firm discussed legal implications for shipowners associated with the new rules, both in terms of compliance, and in relation to the terms of their charterparties, which need to be considered.
Classification society DNV GL launched a new joint development project with marine insurers The Swedish Club, Norwegian Hull Club, Gard and Skuld, to test the potential influence of Environmentally Acceptable Lubricants on failures in stern tube bearings.
The Swedish P&I Club advises on how to face the technical challenges of switching over from high to low-sulphur fuel when approaching a SECA. Peter Stenberg, Senior Technical Manager, Team Gothenburg, explains that to meet the requirements, a ship should already be running entirely on low sulphur fuel at the point when it enters a SECA – and the process of switching over can take at least 12 hours.
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- Maritime Health
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