The new Emissions Control Areas (ECA) regulation that was entered into force on 1st January 2015, 0,1% sulfur emissions, has taken up a lot of media space and concern for ship owners and operators alike operating in ECA zones. Now it is time to make a short status of the compliance strategies that has been taken up.
The chairman of the International Chamber of Shipping warns the shipping and oil refinery industries not to assume a postponement of the global sulfur cap simply because they are unprepared.
Enforcement of the sulfur limits in ECAs are for some EU member states lacking behind, however there are strict penalties on the drawing board to encourage compliance.
Chief Financial Officer from Ecoships talks about the current opportunity for shipowners to reinvest in technologies leveraging efficient ship operations with the money saved from low bunker prices.
Due to the global oversupply of crude oil some oil traders are now beginning to charter large crude carriers to establish floating storages as a way to support oil prices in the short term, says analysts at JBC Energy in Vienna.
The Coriolis effect explained and how it is used in mass flow measurement. Such measuring has industrial application in the Maritime industri, where it is used to ensure bunkering operations by securing the measurement of marine fuel oil. Bunkering operations that may otherwise be tampered with.
IMO (The International Maritime Organization) has adopted the Polar Code (The international code for ships operating in Polar waters) and amendments related to SOLAS (Safety of life at Sea).
It is expected that the amendment will enter into force from January 1st 2017.
IEA, the International Energy Agency, has predicted a rapid increase in demand for MGO (Marine Gas Oil). The cause of the increase in demand is due to the stricter regulation on sulfur emissions applicable from 1st of January 2015.
Jan-Paul de Wilde, Designer at Rolls-Royce Singapore, highlighted the advantages of using LNG as a marine fuel. He pointed out that LNG produces 22% reduced greenhouse gas, 92% reduced nitrogen oxide (NOx) emission and nearly a 100% reduced sulfur oxide (SOx) emission.
According to a FC Gas Intelligence report, the U.S. Coast Guard (USCG) says it is important to have policies in place in order to promote the use of Liquefied Natural Gas (LNG) as bunker fuel.
