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  • DHT Holdings: Frontline Submits New Unimproved Offer 26 april 2017
    Bermuda-based crude oil tanker firm DHT Holdings has received a new “unimproved” proposal from Frontline to acquire all of the outstanding shares of common stock of DHT in a stock-for-stock transaction. The company said that Frontline has again proposed a ratio of 0.8 Frontline shares for each share of DHT, which is the same exchange ratio contained […] […]
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  • Spotted: CMA CGM Becomes Largest Boxship to Call Indonesia 26 april 2017
    In today’s spotted, we bring you an image of CMA CGM Otello which arrived at the Jakarta International Container Terminal in Indonesia earlier this week as the largest container vessel to call this country.  During the ship’s visit, its maiden voyage for “the industry’s first direct service” from Indonesia to the United States was celebrated […] […]
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  • BIMCO: Dry Bulk Recovery A False Dawn 25 april 2017
    Despite the strong rebound of freight rates in March this year that saw the Baltic Dry Index (BDI) pass 1,282 point mark on 27 March 2017, BIMCO expects the sector’s fully-fledged recovery to start taking shape in 2018 and 2019. The BDI going up brought earnings into profitable levels for a couple of days, but for the recovery […] […]
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Welcome to MARPOL Annex VI Summit 2012

04 Nov 2011

The shipping industry transports 90% of all goods in the world. No global company, regardless of sector, would be successful without the use of ships. Consequently, any major transformation of the maritime sector would cause a ripple effect, from the shipowners all the way down to the companies that manufacture those goods, and the customers who buy them.

In that regard, IMO regulations in Annex VI of MARPOL are increasingly important, if not crucial, to many key stakeholders. Taking effect January 1st, 2015, sulphur emission content will be restricted to 0.1% in ECA. This is an effort from IMO to make the maritime transport sector catch up with air and land sectors when it comes to lowering air emission’s negative impact on the environment.

Because of the vital importance of the maritime industry, we are proud to present the MARPOL Annex VI Summit, taking place May 9-11 2012 in Copenhagen. This first of its kind platform will bring together C-level executives from shipowner companies as well as all the major stakeholders to share their experience, knowledge and challenges in complying with IMO regulations in ECA. You will participate in an exciting program, complete with fascinating case studies, roundtable sessions designed around the most current developments, and interactive panel debates.

Key topics addressed on this year’s agenda:

  • Scrubbers – Is there an infrastructure in place to handle the wastes produced? Will ports be regulated to handle the sludge or will it be an extra charged-for service?
  • • How will the increase in demand affect the price of Marine Gas Oil? Are European productions able to supply enough by 2015, or will they be forced to import at extra costs?
  • LNG – Where are infrastructures developed and how will that affect trade routes? How will the industry assess the real costs once demand rises?
  • • How are current sulphur disputes resolved, and what parties are involved? What are the consequences if discrepancies rise with 0.1% standards?

At MARPOL Annex VI Summit, you will gain critical insight into all the possibilities for shipowners to meet IMO sulphur requirements in 2015. Our agenda is designed by our ECA Shipowners Committee, and complete with: experience of shipowners who have already turned to LNG as fuel or exhaust gas cleaning systems and their impending results; updates about LNG infrastructure development outside of Norway.

Most importantly, experts from gas producers, academic gurus and researchers, and bunker suppliers will analyze the future outlook of the heavy fuel oil, marine gas oil, and liquefied natural gas market. They will scrutinize the demand and supply reactions to the regulations, and the consequently affected prices these will bear on shipowners’ finances and their freight rates.

Do not miss this extraordinary opportunity to gain critical insights on regulations and the consequential impact it will have on the maritime sector in ECA. I look forward to welcoming you in Copenhagen, May 9-11!

Sincerely,

Thomas Igou, Project Manager, MARPOL Annex VI Summit