2020

Sulphur and Greenhouse gas reduction priority for ICS

Esben Poulsson

“The 2020 global sulphur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping” believes Chairman of the International Chamber of Shipping (ICS), Esben Poulsson. “But there are even more profound changes to come. We are rapidly moving into a multi-fuel future to be followed we hope, in the 2030s, by the arrival of commercially viable zero CO2 fuels suitable for global application.”

Poulsson was speaking following the ICS...

http://www.allaboutshipping.co.uk/2019/02/11/sulphur-and-greenhouse-gas-reduction-priority-for-ics/

The BDI@601; enough to buy a pair of jeans…

The BDI (Baltic Dry Index) ended the week down to 601 points – minus nine points since yesterday and 44 since last week’s closing when the BDI stood at 645 points. Geopolitics in total disarray. John Faraclas’ daily and weekly recaps:

The Capes despite a “stabilization” continue to be the most enigmatic size. The BCI was down 54 points today at 792 – losing even the 800 point threshold and on a weekly basis the triple digit figure tells it all: 222 points down – from 1.014!

The Panamaxes’ BPI was...

http://www.allaboutshipping.co.uk/2019/02/08/the-bdi601-enough-to-buy-a-pair-of-jeans/

CSA 2020 appoints Ian Adams as Executive Director

Ian Adams

The Clean Shipping Alliance (CSA) 2020 has contracted Maritime AMC (MAMCL), a UK-based association management company, to provide secretariat services, and appointed Ian Adams as its Executive Director.

The membership body, whose members include more than 30 shipowning companies, was established last year to provide scientific-based information and research on the emissions abatement performance and environmental benefits of closed- and open-loop exhaust gas cleaning systems.

Executive...

http://www.allaboutshipping.co.uk/2019/01/14/csa-2020-appoints-ian-adams-as-executive-director/

2020 Fuel Transition Clause for Time Charter Parties

Marcus Dodds, partner, London

At a Glance…

BIMCO has last week released its two eagerly awaited standard clauses (the ‘2020 Marine Fuel Sulphur Content Clause for Time Charter Parties’ and the ‘2020 Fuel Transition Clause for Time Charter Parties’).

Both are intended to address the International Maritime Organisation’s (“IMO”) revised sulphur content limits with regards the consumption and carriage of marine fuel (per Regulation 14 of Annex VI of the International Convention for the Prevention of...

http://www.allaboutshipping.co.uk/2018/12/21/2020-fuel-transition-clause-for-time-charter-parties/

2020: Shipowners have a cause to be awake at night!

Unni Einemo introduces the panel

IBIA’s 2018 Annual Convention in Copenhagen will remain for a multiple of reasons in the hearts and minds of all present as well as those reading various reports in the media for ever. It was one of the most timely events over the last 25 years!

John Faraclas writes:

John Faraclas

Moreover, the last five years an unprecedented situation is being built up with the environment – an issue which ranks number one in the shipping industry to and for all intents and...

http://www.allaboutshipping.co.uk/2018/11/24/2020-shipowners-have-a-cause-to-be-awake-at-night/

IBIA at the Annual Mediterranean Bunker Fuel Conference

Only 8 days left until the 7th Annual Mediterranean Bunker Fuel Conference, taking place on 29th-30th November, in Divani Caravel Hotel in Athens, Greece.

IBIA Director Unni Einemo will be participating as a key speaker.

Why attend?

  1. With IMO2020 implementation fast approaching: discuss how the 0.5% sulphur cap will affect the supply chain
  2. State of the shipping industry
  3. Explore the outlook for alternative fuels & scrubbers
  4. Networking opportunities

More Specifically:

The bunker industry nearing 2020...

http://www.allaboutshipping.co.uk/2018/11/22/ibia-at-the-annual-mediterranean-bunker-fuel-conference/

Gladding-Hearn building high-speed launch for St. Lawrence pilots

The Seaway pilots navigate ships in and out of the ports and harbors of the St. Lawrence Seaway between St. Regis, N.Y., and Port Weller on Lake Ontario. Gladding-Hearn line drawing

The Seaway Pilots Inc., Cape Vincent, N.Y., has ordered a Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corp., Somerset, Mass. Delivery of the new 53.6’x17.8′ launch is scheduled for early 2020. The Seaway pilots navigate ships in and out of the ports and harbors of the St. Lawrence Seaway between St. Regis, N.Y., and Port Weller on Lake Ontario.

With a draft of 4.8’, the all-aluminum pilot boat features the Ray Hunt Design Deep V hull. It will be powered by twin Volvo...

https://www.workboat.com/news/shipbuilding/gladding-hearn-building-high-speed-launch-st-lawrence-pilots/

Falling BDI@1,554 creates uneasiness; wets upwards and stable…

John Faraclas

The BDI (Baltic Dry Index) lost 24 points earlier on today raising eyebrows. Geopolitics continue to be dodgy… John Faraclas’ daily briefing:

The Capes’ BCI fall of 58 points brought the respective index down at 2,106 points; once again: CAUTION!

The  Panamaxes’ BPI managed to clinch three points and now stands at 1,796; not nice…

The Supras’ BSI lost another four points (like yesterday) and now reads 1,192…

Once again the Handies’ BHSI  on the up. Two points plus are two points plus...

http://www.allaboutshipping.co.uk/2018/10/17/falling-bdi1554-creates-uneasiness-wets-upwards-and-stable/

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