US-based trading house Cargill, which operates the world's largest dry bulk fleet, and carrier Fjord Line have joined the Trident Alliance, an international cooperation working for the enforcement of sulfur requirements.
The first of three major port areas in China will become a new emission control area (ECA) starting April 1st, from which date vessels may not have sulfur emissions of more than 0.5 percent. The Chinese environmental zones could result in more scrapping, SeaIntel projects.
The Ministry of Transport in China lifts the veil for its plans on environmental zones and sulfur emissions from vessels. However, the requirements seem not to become nearly as strict as in Europe and North America.
Five separate tests of fuel from vessels in the Nordic ECA zones show sulfur values in excess of the permitted levels. The owners of the ships in question can look forward to fines from the Danish authorities.
Container carriers can avoid having to comply with the increased environmental requirements in the US and Canada from January 1st 2016, and this is why four Asian carriers in particular have already pushed the scope of newbuildings in 2015 to a seven-year high, notes Alphaliner.
The Chinese authorities are preparing to introduce environmental zones for shipping several places in the country, starting in the new year. Specific requirements for reduced sulfur and CO2 emissions underway.