While the sulphur cap is still very much the issue of the day Martin Stopford, president of Clarkson Research Services, says the industry needs to start thinking now how it will meet the IMO's goal of a 50% reduction in CO2 emissions by 2050.
Fuel tester Veritas Petroleum Services (VPS) is not expecting major problems with compliant 0.5% low sulphur fuel oil set to be used to meet the IMO’s 2020 sulphur cap.
With all the talk of digitalisation and automation in shipping seafarers remain the most important part of the operation according to leading ship managers.
A packed audience of nearly 200 heard strong opinions as to whether or not the maritime industry is ready to embrace smart shipping at a parliamentary-style debate held on the opening day of the Seatrade Maritime Middle East event in Dubai on Monday.
“Stepping on the Gas” was the title of an online webcast that was part of investment powerhouse Deutsche Bank’s initiating coverage of the LNG Shipping sector, spotlighting analyst Chris Snyder- who leads the bank’s research into this attention-grabbing sector.
The Union of Greek Shipowners (UGS) have hit out at the IMO’s approval the use of scrubbers to comply with 0.5% sulphur cap, and called on more maritime nations to “step up” efforts to have safety concerns about the shift to new low-sulphur fuels in 2020 properly addressed by the UN body.
The popularity of scrubbers as a way to comply with the IMO’s 2020 sulphur cap has grown rapidly over the last six months with over 1,000 systems ordered in that period, according to classification society DNV GL.
With all the focus on complying with the 2020 sulphur cap the IMO’s Ballast Water Management Convention (BWM Convention) has slipped off the agenda with the need to comply seemingly an accepted fact whatever the individual’s view on how the regulation has been executed.