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  • Report: DSME Workers Ready to Accept Wage Cuts, Propose Talks 24 mars 2017
    Labor union of the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) is ready to accept proposed wage cuts for workers, proposing talks with the government, the company’s management and creditors, which are aimed at finding a way to save the financially troubled shipbuilder, Yonhap News Agency reports.  The announcement comes a day […]
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  • Somali Pirates Hijack Another Vessel, Use It as Mothership? 24 mars 2017
    The Somali pirates have hijacked another vessel off the coast of Somalia, a representative from Oceans Beyond Piracy confirmed to World Maritime News. OBP said that the ship, which is yet to be identified, was hijacked in the vicinity of Eyl, Somalia. “We are still finding more details, but it appears that it is being used as […] […]
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  • BW LPG Inks Refinancing for Six Ex-Aurora Ships 24 mars 2017
    Singapore’s gas carrier owner BW LPG Limited has signed a debt facility agreement of USD 290 million for the refinancing of six 2016 built ex-Aurora ships. With this move, the ex-Aurora fleet is fully refinanced “at similar competitive terms and structure as the rest of the BW LPG fleet,” according to the company. “This financing exemplifies […] […]
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50 000 deaths a year in Europe alone

07 Dec 2011

There is a fervent on-going debate between shipowners and relevant stakeholders about the upcoming low sulphur standards coming in effect January 1st, 2015 in ECAs.  Many shipowners feel the new sulphur standards will cause a financial loss on their businesses as they will have to invest in new technologies or turn to more expensive fuels with lower sulphur.  They also feel that although they are presented with several alternate solutions (LNG as fuel, scrubbers, biofuels…), this is only a façade and their only true option today is MGO.

One feels, however, that in the midst of this debate centering on money, the real reason IMO implemented this regulation is being forgotten: health risks.  There is a very interesting article on acidnews dated from June 2011 about actual figures of the consequences of pollutants from ships’ air emissions.  Citing a research conducted by the Danish Centre of Energy, Environment and Health (CEEH), the article claims that air pollutant emissions in the year 2000 caused 49 500 premature deaths in Europe, and was responsible for health damages of around € 22 billion.

These numbers are not stated often enough, and really need to be pushed forward so that everyone understands the reasons behind the MARPOL Annex VI regulations.

However, these numbers must not obscure the difficulties shipowners will face in complying with the sulphur standards.  Shipping companies facing financial difficulties in results of the regulations will most likely have to compensate elsewhere (i.e reducing trade routes, layoffs…).

Therefore, a neutral platform uniting all relevant stakeholders is now a necessity.  Taking place October 18th 2012 in Riga, this is exactly what MARPOL Annex VI Summit is promising to be.

Looking forward to seeing you in Riga!

Sincerely,

Thomas Igou, Project Manager, MARPOL Annex VI Summit 2012

Link to article:  http://www.airclim.org/acidnews/2011/an2-11.php#twelve