ShippingWatch

Regulation

Greek owner hit with sulfur fine in Norway

A Greek cruise line has been fined close to NOK 1 million for violating the sulfur cap in Norway, says the country's maritime authority, describing the fine as historically large.

NGO voices criticism of last-minute change at IMO

The IMO's climate committee plans for a work group to pick out some of the many proposals for initiatives which can lower the shipping industry's greenhouse gas emissions in the short term. This is criticized by association of NGOs.

Main tradelane could take big hit from new tariffs

The key tradelanes between China and the US could be hit by significant decreases if both countries act on their threats of new and large-scale tariffs. Alphaliner estimates that volumes could drop by eight percent in 2019.

Shipowners warn against impact of trade war

Three major shipowners' associations issue a joint warning against the impact of the US-China trade dispute. The statement comes on the heels of China saying it will raise tariffs on US-made goods.

Kitack Lim launches summit with call for action

It is imperative that the IMO shows the organization is capable of finding ways of reducing shipping's emission of CO2 in the short term, says the secretary general in his opening speech at MEPC, calling for the industry to double its efforts in order to prepare for 2020.

Shipping has five days to discuss two crucial issues

In addition to the points written on the printed agenda, meetings held in the corridors at IMO's London headquarters also play a large part when it comes to decision-making in the MEPC. This week, ShippingWatch is looking into the formal and informal agendas for this week's MEPC meeting.

IMO summit sets scrubber malfunctions on agenda

When delegates attend the IMO's MEPC 74 next week, they will have a dilemma on their hands: What is a shipowner to do next year if a scrubber breaks down and the vessel only has high-sulfur fuel on board?

New study highlights savings from speed limit

A new study from a German think tank points to savings as well as environmental benefits from a speed limit for ships. The study has been shared with IMO member states ahead of next week's meeting in London.

Speed limit may boost global fleet by 235 percent

While the IMO is really starting to discuss CO2 reductions, the European Commission has just highlighted speed limits as a very effective means to achieve that in a report. Lower speed would however require significantly more vessels. Read the entire report here.

Global sulfur regulations will have a huge impact on public health

When the global sulfur regulations are introduced in January 2020, it will have a large positive effect on public health, especially in Asia, say several of the researchers who recently presented the first results of the new sulfur caps in the Baltic and North Seas.

Major shipping nations oppose speed limit for vessels

Many signs indicate that the upcoming IMO meeting will be a duel between two solutions for how to achieve the short-term CO2 targets for shipping. Several stakeholders have brought a speed limit into play, but several major shipping nations take an opposing view.

110 shipping companies support speed limit

Star Bulk, Navios and Safebulkers along with 107 other shipping companies support a proposal to implement speed limits on vessels to lower the industry's CO2 emissions in the short term, they write in an open letter ahead of an IMO meeting to be held in a few weeks.

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