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  • GPA Handles Record Volumes in FY2017 24 juli 2017
    The Georgia Ports Authority moved an all-time high of 3.85 million TEUs in fiscal year 2017, representing an increase of 6.7 percent from the same period a year earlier. In the second half of the fiscal year, the Port of Savannah handled 1.99 million TEUs, for a growth rate of 11.6 percent over the same […] […]
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  • Scorpio Bulkers Cuts H1 Loss 24 juli 2017
    Monaco-based bulker owner and operator Scorpio Bulkers resumed its recovery streak from the first quarter slashing its half-year net loss to USD 48 million in 2017 from a net loss of USD 83 million reported for the six months ended June 30, 2016. Time Charter Equivalent (TCE) revenue was USD 72.2 million in the first half of 2017, Scorpio said, with TCE […] […]
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  • Nakilat Earns Less in First Half 2017 24 juli 2017
    Qatar’s LNG shipping firm Nakilat has seen its net profit for the first half of 2017 drop to QAR 409 million (USD 112.3 million) from QAR 501 million (USD 137.6 million) reported in the same period last year. The lower profit for the period ended June 30, 2017, was mainly attributed to the lower number of […] […]
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Bridging the gap of knowledge among ECA shipowners

14 Nov 2011

According to a poll we conducted with shipowners in Northern Europe, almost half of respondents feel there are discrepancies between EU Directives and IMO regulations on sulphur standards in Emission Control Areas for 2015.  At the same time, a large majority of these same respondents feel they fully understand the EU Directives.

This shows a clear gap of knowledge among shipowners in regards to sulphur standards set by the EU.  Recent communication from the European Union has been pretty clear that standards from the two institutions will be harmonized:

“In October 2008, MARPOL Annex VI was amended, introducing requirements for lower sulphur fuels globally, but also more stringent limits in the Emission Control Areas (ECAs).  In order to ensure regulatory consistency, the relevant EU legislation will be aligned with the latest IMO requirements.”

This confusion, complemented with a lack of knowledge on scrubber technologies, LNG infrastructure, and available financial channels, is one of the center points of the upcoming MARPOL Annex VI Summit.  Our aim is to provide a neutral platform for shipowners and all stakeholders involved with Sulphur standards in ECA to help the shipping industry face a tough transitional period.

Link to European Commission Staff Working Paper: http://ec.europa.eu/environment/air/transport/pdf/ships/sec_2011_1052.pdf

Sincerely,

Thomas Igou, Project Manager, MARPOL Annex VI Summit