By Sherry Su and Ann Koh (Bloomberg) -- The person charged with overseeing controversial new rules on shipping fuel says he’s growing increasingly confident the regulations will be implemented on time, and that the vast majority of vessel owners will comply. From Jan. 1, 2020, most of the merchant fleet will have to burn fuel containing less sulfur than it does today under … [Read more...]
IMO Says There Will Be No Delay in Implementing Shipping’s 2020 Global Sulphur Cap
By Roslan Khasawneh and Jonathan Saul SINGAPORE/LONDON, Sept 25 (Reuters) - The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, officials with the UN's shipping agency said on Tuesday. "I can categorically say there will not be a delay," said Edmund Hughes, the head of air pollution and … [Read more...]
Suspicious Shippers Urge Maersk to Rethink New Fuel Surcharge Plan
By Alex Lennane (The Loadstar) - Shippers have joined forwarders in condemning Maersk’s plan for new fuel surcharges to help recover the additional costs of low-sulphur marine fuel, to be introduced in January. The new charges, on top of existing contract rates, are triggered on the average cost of fuel and a ‘trade factor’ that takes into account cargo flows, with lower … [Read more...]
CMA CGM Says Global Sulphur Cap to Cost Customers $160 Per TEU on Average
French shipping giant CMA CGM on Monday said the 2020 global sulphur cap regulation will cost an estimated $160 per twenty-foot container or equivalent unit (TEU) to be paid by its customers in the form of a fuel surcharge. CMA CGM, the world's fourth-largest container shipping line by overall TEU volume, is the latest of the major ocean carriers to reveal how it intends to … [Read more...]
A Simple Way To Prevent Fatalities At Sea
The saying goes that today's marine safety regulations where written in the blood of mariners who sailed before us... but is that statement true? Or is the USCG and IMO forgetting important lessons from the past? In today's episode of The REAL gCaptain Podcast we explore historical incident investigations and propose a simple idea for preventing future fatalities at … [Read more...]