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Fleet Optimization & Innovation Headlines of the Week- May 16, 2018

Following the 72nd session of the IMO’s Marine Environment Protection Committee, (MEPC), we know how the strategy on reduction of GHG emissions from global shipping will work. Or do we?

Yes, the new limit on sulphur content of ship’s fuel oil of 0.5% will come into force on 1st January 2020 under MARPOL Annex VI. Yes, it will be illegal to carry HSFO on a ship not fitted with an approved exhaust gas cleaning system. Excellent progress, but what is the strategy to reduce GHG emissions from shipping beyond the EEDI and operational targets already set?

The initial GHG strategy outlined involves measurement and analysis from Spring 2018, (MEPC 72), through to Spring 2023, (MEPC 80), when a “Revised IMO Strategy” will be adopted. The consensus needed to achieve this approach was a significant achievement, but how will the European Union view this five-year delay in deciding how to reduce shipping’s carbon footprint? Will the MRV regulations take shipping calling at European ports into the EU Industrial Emissions Directive by 2023? How will shipyards meet the increasingly stringent EEDI requirements for new ships?

As our industry plans for the use of compliant fuels; based on scrubber technology, new low sulphur fuel oils, distillate or alternative cleaner fuels there are technical and commercial decisions to be made quickly. No doubt the price, availability and technical solutions will start to clarify, but I have absolutely no doubt that there will be many questions to debate with colleagues and solution providers when we meet in Stamford this October!

Angus

Angus Campbell
Conference Chairman
SHIPPINGInsight 2018
Corporate Director Energy Projects
Bernard Schulte Ship Management
www.shippinginsight.com
News of the Week
May 16, 2018 
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Ports

European Ports Call for More Polluter-Pays Provisions

2018-05-10 – Ship waste has been a key environmental priority for E.U. ports, and the European Sea Ports Organisation (ESPO) has published a position paper on the revision of the Port Reception Facilities Directive, welcoming the progress made but noting that more needs to be done to support a polluter-pays approach. . . READ MORE

Alternative Fuels

Rotor Sail Installed Aboard Viking Grace

2018-05-09 – In April 2018, cruise ferry M/S Viking Grace became the world’s first passenger ship equipped with a rotor sail, a vertical spinning cylinder that harnessed wind power to propel a ship. . .READ MORE

Zero Emission Ships: Comparing Fuel Choices

2018-05-16 – There’s a new report out from the Sustainable Shipping Initiative (SSI) — authorted by Lloyds Register (LR) and University Maritime Advisory Services (UMAS) — that examines different fuel options and costs as increasingly the world’s oceangoing fleet is pushed toward decarbonization. . .READ MORE

Autonomous Shipping

Partners Look to Tackle Risks of Autonomous Shipping

2018-05-14 – As industry efforts to make autonomous shipping a realitycontinue, Rolls-Royce and AXA Corporate Solutions have signed a letter of intent (LOI) to explore ways in which they can bring a new risk management offering to the marine market. . . READ MORE
 

Sulfur

New Online Tool Aids 2020 Sulfur Compliance

2018-05-15 – The new ‘Sulfur 2020 – Options Evaluator’ from Lloyd’s Register (LR) aims to help the industry identify the best strategy for compliance with the global sulfur in fuel oil limit of 0.50 percent m/m, which comes into effect on January 1, 2020. . . READ MORE
 

LNG Bunkering

Can Japan Become an LNG Bunkering Hub?

2018-05-10 – A new report by the International Transport Forum at the OECD concludes that Japan’s ambition to become an international bunkering hub for LNG is likely to be successful. The Port of Keihin (Yokohama, Tokyo and Kawasaki) is located at one end of the North Pacific trade route as a first port for loading and unloading and has direct services to ports in North America. Additionally, the port already has existing LNG bunkering infrastructure. . . READ MORE

Total to Set Up LNG Bunkering Hub in Oman

2018-05-14 – French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country.  “Total and Shell as operator will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25 percent and 75 percent, as per the agreement between both companies and before possible State back-in, with the objective of an initial gas production of around 500 MMcfd and a potential to reach 1 bcf/d at a later stage,” Total said in a press release on Sunday. . . READ MORE
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SHIPPINGInsight 2018

NEW VENUE | NEW FORMAT | NEW IDEAS | NEW OPPORTUNITIES | NEW ERA

The 7th Annual Fleet Optimization & Innovation
Conference & ExhibitionOctober 16-18, 2018Stamford Hilton
Stamford, Connecticut, USA

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