Tag: Regulatory Compliance

Digital tools for performance optimisation: a ship operator’s perspective
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Digital tools for performance optimisation: a ship operator’s perspective

The shipping industry is transitioning to a more digitalised and connected way of operating, finding new tools and technologies to improve safety and operational efficiency. VPO Global spoke with one ship operator, Mitsui O.S.K. Lines (MOL) about the company’s approach to safety and environmental responsibility. The word ‘efficiency’ is regularly heard in the shipping industry...

Ship Finance to fit seven ships with scrubbers
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Ship Finance to fit seven ships with scrubbers

Bermuda-based shipowner Ship Finance International (SFI) has confirmed that it will install scrubbers on a total of seven container ships ranging in size from 8,700 to 10,600 TEU. The charter period has been extended on some of the vessels, resulting in an increase of more than $160 million to the company’s fixed-rate charter backlog. In...

Joint Industry Guidance on 0.5 per cent sulphur fuels published
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Joint Industry Guidance on 0.5 per cent sulphur fuels published

A new Joint Industry Guidance on the supply and use of 0.5 per cent sulphur marine fuel has been published to provide stakeholders across the marine fuels and shipping industries with guidance on these low-sulphur fuel blends. Developed by CIMAC, IPIECA, and IBIA among other organisations, the publication presents the specific safety and operational issues...

HFO and scrubbers could help meet GHG targets
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HFO and scrubbers could help meet GHG targets

  A study published by Norway’s SINTEF has found that exhaust gas cleaning systems (EGCS), also known as scrubbers, used alongside heavy fuel oil (HFO) can help to reduce global greenhouse gas (GHG) emissions. Chief scientist Dr Elizabeth Lindstad concluded that from well-to-wake the continued use of HSFO or HFO (heavy fuel oil) with an...

Neste introduces 0.5 per cent fuel for 2020
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Neste introduces 0.5 per cent fuel for 2020

Renewable fuels provider Neste has announced that it will offer 0.5 per cent sulphur fuel from Q4 of 2019. The fuel will be compliant with the IMO’s global sulphur cap, entering into force on January 1, 2020 and meets the RMG 0.5 specification and ISO 8217:2017 standard requirements. The fuel is manufactured in Neste’s refinery...

MOL supports synthetic methane for zero-emission shipping
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MOL supports synthetic methane for zero-emission shipping

Mitsui O.S.K. Lines (MOL) has joined the Carbon Capture & Reuse (CCR) Study Group* and launched the “Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels.” The working group aims to reduce CO2 emissions in international shipping’s value chains by using synthetic methane (methanation fuel) as an alternative to fossil fuels. Synthetic methane is...

ClassNK joins working group on zero emission fuels
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ClassNK joins working group on zero emission fuels

ClassNK has announced participation as secretariat in a “Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels” established by the CCR Study Group*. The working group aims to reduce CO2 emissions in the international value chain by use of methane synthesized through methanation technology which combines CO2 and hydrogen produced from renewable energy sources....

Prepare fuel tanks now to meet IMO 2020, says Intertek’s technical manager
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Prepare fuel tanks now to meet IMO 2020, says Intertek’s technical manager

While countdown to IMO 2020 is well under way, there are still concerns around the quality and stability of compliant 0.5 per cent sulphur fuel blends. Uncertainty is exacerbated by the current lack of compliant fuel blends. Global technical manager at Intertek, Michael Green, says that it is unlikely that a clear direction will be...

Indonesia confirms no enforcement of sulphur cap on domestic fleet
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Indonesia confirms no enforcement of sulphur cap on domestic fleet

Indonesia has claimed that it will not enforce the IMO’s global sulphur cap from January 1, 2020. Reuters reported this week that Indonesian authorities will allow Indonesian flagged ships operating in its waters to burn fuel with a higher sulphur content than the global cap permits, which is 0.5 per cent. Ships will therefore be...

KR launches emission data management system
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KR launches emission data management system

The Korean Register (KR) has established a new greenhouse gas (GHG) online data management system to help shipowners comply with GHG emission regulations including the EU’s Monitoring, Reporting and Verification (MRV) requirement and IMO’s Data Collection System (DCS). The online data management system is known as KR GEARS, which stands for GHG Emission Authentic Reporting...

Finnlines cuts CO2 emissions by 30 per cent
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Finnlines cuts CO2 emissions by 30 per cent

Shipping operator Finnlines has announced that between 2008 and 2018 it reduced its CO2 emissions by approximately 30 per cent and confirms that it is looking beyond IMO requirements to drive down its carbon footprint further. In a statement released by the company, it pledges “not to lose our focus on sustainability: we will continue...

CSL and Oldendorff join Trident Alliance
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CSL and Oldendorff join Trident Alliance

CSL Group and Oldendorff Carriers have joined The Trident Alliance to support the transparent enforcement of environmental regulations, including the IMO’s 2020 global sulphur cap. Since 2014, the Trident Alliance has worked to build awareness of the need for robust and effective enforcement of marine sulphur regulations to protect public and environmental health and maintain...