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Fleet Optimization and Innovation Headlines of the Week August 14, 2019

Approaching the Finish Line: Picking up the pace of change. . .  Headlines of the Week- August 14, 2019 View this email in your browser

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Approaching the Finish Line: Picking up the pace of change

With each day, we draw closer to the IMO2020 Sulphur reduction coming into force January 1st. Much has been written about preparation, strategies, enforcement and more. It is surprising, however, that many companies are coming down to the wire, considering the agreement to reduce Sulphur to .5% on a global basis was made in 2008. Recent conversations have also questioned enforcement. It will be interesting to see how countries move forward, especially in light of Indonesia’s statement they will not require their national vessels to be compliant until their reserve of 3.5% fuel is depleted. Who will be monitoring their actions to ensure this happens?

The discussion about enforcement is one of the cornerstones of this year’s SHIPPINGInsight conference, with Mr. Jeffrey Lantz, Director of Commercial Regulations and Standards (CG-5PS) U.S. Coast Guard anchoring the roundtable “Solving the Enforcement Conundrum”. He will be joined by shipowners, flag and solution providers to engage in the realities for global implementation; enforcement must be uniform and consistent. The industry requires a level playing field in which to operate where regulations are applied equally. While there is most likely going to be an initial period of accommodation due to fuel availability or compliance snafus, we need to be seen as vigilant in our enforcement.

Why is the successful implementation of IMO2020 so critically important? Aside from reducing impacts on the environment, the shipping industry is in the crosshairs of the world’s environmental and governmental communities. We are being watched to see how successful our attempt at self-regulation is deployed as a benchmark for the next global challenge: GHG reduction. If IMO, and the shipping industry at large, cannot deliver an effective, GLOBAL, enactment of this impending regulation, our hopes of being able to chart our own course for GHG reduction will be dramatically reduced.

The clock is ticking. Let’s get busy!!!

Keep optimizing,

     Carleen Lyden Walker
     Chief Evolution Officer
IMO Maritime Ambassador
+1 203 255 4686 (o)
+1 203 260 0480 (m)
News of the Week
August 14, 2019 
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MOL to Develop Zero Emission Alt Fuel 

2019-08-05 – Japanese shipping group Mitsui O.S.K. Lines (MOL) announced that it has joined the Carbon Capture & Reuse (CCR) Study Group and launched the. . . READ MORE

German Consortium Takes Aim at Fuel Cell Power for Ships

2019-08-12 – German industrial conglomerate thyssenkrupp and a consortium of partners are working on a shipboard fuel cell that can run on either diesel. . . READ MORE

CMB becomes shipping’s hydrogen leader

2019-08-09 – Compagnie Maritime Belge (CMB) has well and truly nailed its colours to the mast of hydrogen shipping with a slew of announcements. . . READ MORE


Study: Scrubbers Will Have Positive Effect on GHG Emissions

2019-08-12 –  In a study published in June by Norway’s SINTEF, one of Europe’s largest independent research organizations, Chief Scientist Dr. Elizabeth Lindstad. . . READ MORE

How speed reduction can contribute to emissions reduction: Defining terms and measures on the table

2019-07-19 –  In an exclusive interview with SAFETY4SEA, Dr. Harilaos Psaraftis, Professor at the Department of Technology, Management and Economics, Management Science Division of Technical University of Denmark (DTU), clarifies. . . READ MORE


Genco: Comprehensive IMO 2020 Strategy 

2019-08-08 –  Genco Shipping & Trading said that a comprehensive IMO 2020 strategy underway and four of its capesize vessels have had scrubbers successfully installed to date. . . READ MORE

IMO 2020 & Tank Cleaning: What you need to know

2019-07-19 –  With less than six months remaining for the global implementation of the unprecedented 2020 sulphur cap, ship operators tend to switch to alternative fuel,. . . READ MORE

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SHIPPINGInsight 2019

October 15-17, 2019

The 8th Annual Fleet Optimization & Innovation
Conference & Exhibition

Stamford Hilton
Stamford, Connecticut, USA

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