A total of 10 countries are set to ban or restrict open-loop scrubbers in some or all of their ports, and more are likely to follow, according to P&I club Gard.
Bunker delivery note (BDN) amendments relating to supply of marine fuels to ships with alternative mechanisms to address sulphur emission requirements have entered into force on 1 January 2019, IMO said.
The small-scale LNG market is seen as growing market with a lot of potential but also currently stuck in a somewhat chicken and egg scenario.
Outgoing Intercargo chairman John Platsidakis took a number of swipes at regulators during his farewell speech at the International Association of Dry Cargo Shipowners’ agm in London this week.
Global LNG bunkering infrastructure is still needed for shipowners to make LNG-fuelled shipping viable on a large scale according to Nicolas Sartini, ceo of APL, part of the CMA CGM Group.
The global sulphur cap is starting to look like an opportunity for the shipping market to finally push through some reasonable freight rate increases, judging from the undercurrents at the Ince & Co business briefing on IMO regulation that kicks in on 1 January 2020.
British freight forwarders and logistics companies are up in arms over container line sulphur surcharges ahead of the 2020 sulphur cap describing them as “blatant profiteering”.
Maersk Line rolling out a new Bunker Adjustment Factor (BAF) designed to recover increases in fuel related costs from the 2020 0.5% sulphur cap which could exceed $2bn for the container shipping company alone.
Despite Maersk Line's stance that sulphur should be removed from marine fuel at the refining stage, the Danish shipping giant is going to install scrubbers on a limited number of vessels.