Panama's new President Laurentino Cortizo has sworn in his cabinet and with it a new team for the Panama Maritime Authority (AMP) that oversees the maritime sector and the world’s largest Ship Registry.
China’s Cosco Shipping Lines is planning to complete the installation of scrubbers on 10 of its existing containerships by this year, ahead of the IMO 2020 sulphur cap regulation.
An estimated 4,000 ships will be fitted with scrubbers by 1 January 2020 when IMO’s global bunker fuel sulphur cap rule is enforced, according to the Exhaust Gas Cleaning Systems Association (EGCSA).
Major freight forwarder Panalpina has warned its ocean customers of potential disruption to supply chains ahead of the IMO 2020 sulphur cap.
Charter party issues are a major concern ahead of the IMO 2020 regulation and these were highlighted the UAE shipping community by Bimco at seminar hosted by the Emirates Maritime Arbitration Centre (EMAC).
Matson, Inc. has announced that it has begun installing scrubbers on six of its vessels in its Hawaii and China-Long Beach Express services as part of its strategy to reduce emissions in line with the upcoming IMO 2020 regulation.
The business case for retrofitting scrubbers will eventually “disappear” as the price spread between high sulphur fuel oil (HSFO) and low sulphur fuel oil (LSFO) will keep on narrowing, according to Drewry Maritime Research.
Following the Marine Environment Protection Committee 74 (MEPC 74) meeting last week the International Maritime Organization (IMO) has published guideline adopted for the 2020 sulphur cap online.
The Union of Greek Shipowners (UGS) has said though a disproportionate share of responsibility is still placed on shipowners, the IMO made "significant progress in terms of addressing a number of important and unforeseen problems with regard to the global 0.5% sulphur cap regime only months before the commencement of its implementation and enforcement".
Germany’s Hapag-Lloyd has booked the HFO-to-LNG conversion of its 15,000 teu ‘LNG-ready’ container ship, Sajir, acquired in its 2017 take-over of UASC, at China’s Huarun Dadong Shipyard.