224 days to go as of this post before #IMO2020 comes into effect.. I wrote recently about an open letter to IMO Member States by NGOs which states that the shipping industry must take appropriate measures to address climate change urgently..
As an initial step, these NGOs expressed their strong support for the IMO’s proposal to regulate ship speeds across various ship type and size categories.. In the letter, the NGOs said their preference would be to set maximum annual average speeds for container ships, and maximum absolute speeds for the remaining ship types, which take account of minimum speed requirements..
Of course, this was not welcomed by all, least of all by container carriers as it would result in them having to increase their fleet size to meet the delivery schedules imposed on them by the trade.. As per the carriers, this would defeat the purpose of trying to reduce GHG (greenhouse gas emissions) emissions..
The letter said that this regulation should be implemented as soon as possible and the obligation for compliance should be placed both on shipowners and operators, including charterers and called on all parties at the forthcoming IMO’s Marine Environment Protection Committee (MEPC74) to support this move..
Well, #MEPC74 has come and gone but there has been no agreement or deal on any of the proposals put forward to reduce GHG emissions..
The Baltic and White Sea Conference was originally founded in Copenhagen in 1905 and is the world’s largest international global shipping association with more than 2,100 members including shipowners, operators, managers, brokers and agents..
The aim of BIMCO, as it is commonly known today, is to produce flexible commercial agreements and standard maritime contracts with clarity, consistency and certainty.. These include modern contracts tailored to specific trades and activities.. These contracts allow members to manage contractual risk..
BIMCO also works closely with many other influential organisations across the different parts of the maritime industry – from owners to operators, ports to ship builders, brokers to equipment manufacturers, and insurers to classification societies.. Such capability is crucial in developing the right environmental solutions for the shipping industry..
It is run by a board of directors and for the first time in 114 years, the President of BIMCO of the board will be a female – Ms.Şadan Kaptanoğlu..
Hapag-Lloyd has a container capacity of approximately 2.6 million TEUs including one of the largest and most modern fleets of reefer containers operated on the back of 120 liner services worldwide connecting more than 600 ports on all the continents..
Hapag-Lloyd is also one of the leading operators in the Transatlantic, Middle East, Latin America and Intra-America trades..
As per Hapag-Lloyd, their container shipping makes a significant contribution to a well-functioning global trade and as such bears a special responsibility for the environment, its customers and shareholders, and its employees..
In line with this, they have released their current sustainability report, titled “Gathering Pace Together”, which gives an insight into the broad spectrum of Hapag-Lloyd’s sustainability-related activities, which deals with topics such as combating corruption, employee training and data protection..
In 2016, at the 70th session of the Marine Environment Protection Committee (MEPC) meeting in London, the International Maritime Organization (IMO) took a landmark decision setting 1st January 2020 as the implementation date for a significant reduction in the sulphur content of the fuel oil used by ships..
As per this decision, MARPOL Annex VI has been revised, lowering the current global limit for sulphur content of marine fuels from 3.50% to 0.50% as from the 1st of January 2020..
IMO advised several methods through which ships can meet lower sulphur emission standards..
As part of the effective implementation of IMO2020 0.50% Sulphur Cap, South African Maritime and Safety Authority (SAMSA) announced that South Africa has approved the use of all types of approved scrubbers..