ShippingWatch

Organizations: Shipowners could be squeezed on ballast water

A week before the IMO environmental committee is to discuss ballast water, organizations warn that an approval of the convention could force shipowners to make large investments in systems that are not guaranteed US approval. A big dilemma, they say.

Ballast Water System from the Danish supplier Desmi Ocean Guard.

Numerous shipping organizations and carrier associations gathered in the so-called Round Table of International Shipping (RT), which includes Bimco, the International Chamber of Shipping (ICS), Intercargo and Intertanko, warn in a statement against what they call a premature approval of international regulations of vessels' ballast water through the IMO's ballast water convention. The warning comes one week before the IMO environmental committee is set to meet in London, where ballast water will presumably feature prominently on the agenda.

The organizations believe that the convention will soon reach the number of member nations needed to ratify the convention, which could therefore take effect in 2016. Even though it has taken the industry many years to reach a ratification, it is still too early, according to the organizations, because it could force shipowners to invest huge amounts in ballast water systems that are not guaranteed full type approval from the US Coast Guard (USCG).

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Price of Maersk's new methanol ships drops

Maersk has just ordered six new methanol-powered container ships and now reveals that the added cost of building green ships compared to conventional ones is decreasing. Economies of scale, says equity analyst.

Esvagt pursues Taiwanese offshore wind

The Danish offshore service operator has located a possible partner on the island as a part of high hopes for the local offshore wind market. If successful, Esvagt could be ready to service wind at sea in the far east in a few years.

Further reading

Related articles

Latest news

See all jobs