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.
In order to prevent harmful aquatic organisms and pathogens that get into ships’ ballast water, cause pollution and damage to the ecological environment and human health, China officially acceded the International Convention on the Control and Management of Ballast Water and Sediments on Ships, 2004 in 2018. To assist ship owners and operators understand and comply with this new regulation, Huatai has prepared a circular to introduce the main contents of the requirements.
The Swedish Club informs that by 1 January 2019 there will be a supplementary IMSCB for coal. Namely, coal will not only be categorized as a chemical hazard cargo (Group B) but will also fall into Group A (liquefaction). If the particles are large enough to prevent liquefaction, then they will not be a Group A cargo.
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.
Citing information from Argentinian P&I correspondents, Pandi Liquidadores S.R.L., the Swedish Club informed of new forms issued by the local custom authorities aimed at providing more certainty as to what items need to be declared upon arrival.
Following Seatrade’s conviction of illegally selling vessels for demolition in South Asian yards, in breach of the EU Waste Shipment Regulation, the Swedish P&I Club recommended shipowners to take greater notice of the regulations when considering demolition. This was the first time an EU shipowner has been held criminally liable for such case.
General Data Protection Regulation will come into force on 25 May 2018 when it will have direct effect in the EU/EEA1. GDPR will be incorporated into Swedish law and enter into force at the same time. For that reason, the Swedish Club tries to explain this regulation.
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