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The United States (US) government lifted their restrictive policy on crude oil exports in December 2015. In September and October 2017, increased demand from Asia and Europe has caused US seaborne export of crude oil to surpass the US seaborne export of oil products in terms of billion tonne miles.
The governing bodies of the International Oil Pollution Compensation (IOPC) Funds met in London from 30 October to 2 November 2017. Donald Chard, consultant to BIMCO, reports from the meeting where BIMCO also introduced the new specialist RESPONSCON agreements.
This is the highest global oil demand ever but it's also a large and growing fleet. What the tanker market needs most right now is more tankers engaged in floating storage facility.
Regulations are issued by the United States Department of Agriculture (USDA), Animal and Plant Health Inspection Service (APHIS), Plant Protection and Quarantine Office (PPQ).
Canadian AGM regulations are issued by the Canada Food Inspection Agency’s (CFIA) .
BIMCO has received information from the Government of Canada concerning the recently issued temporary voluntary speed restriction in the Gulf of Saint Lawrence. The restriction addresses increased risks to the endangered North Atlantic right whales.
The 2017 half-year result of the dry bulk terminal vetting is ready. New reports have been added to the database by ships after each port call.
Due to the significant limitations of Arctic charting, all mariners in Arctic waters are required to plan any prospective voyages well in advance to understand their environment, and to exercise extreme caution when on the water, in order to minimise the associated high levels of risk. Caution is equally essential when navigating with Electronic Navigational Charts (ENC), as these official digital charts are based on the same limited or insufficient data as the official paper or electronic equivalent charts.