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This is a recording of a webinar which took place on 16 December 2021 about the use of wash water analysis as opposed to wall wash tests to ascertain tank cleanliness before commencement of loading operations in chemical tankers.
Shipowners are faced with a number of important decisions in terms of investment and trading if they want to do business within the future sulphur limits of Emission Control Areas (ECAs). The deciding factors influencing the investment decision for installation of a scrubber are the fuel cost spread and the time spent in an ECA. In this article, BIMCO has tried to abridge the issue to facilitate decision making.
As dust settles on COP26, it is time to reflect on what has actually been achieved. A number of agreements were reached, although not all are related to shipping. Perhaps the most important outcome is the pledge signed by 100+ countries to cut methane emissions by 30% by 2030. Reducing methane emissions is arguably the fastest opportunity today to slow the rate of global warming. Will this potentially improve the environmental credentials of LNG? The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
BP has recently announced its plan to be a net-zero company by 2050. BP wants to cut overall emissions by 30-35% by 2030 from 2019 levels. Weekly tanker market report by Gibson Shipbrokers.
The 79th meeting of the IMO Marine Environment Protection Committee (MEPC) took place from 12 to 16 December. Key decisions and discussions are highlighted.
Grey water is an often disregarded emission to the sea from ships but presents a potential source of both contaminants and microplastics. The new BIMCO position aims to clarify a way forward for the shipping industry and defines how we will support our members wishing to take action to reduce their grey water footprint.
BIMCO has joined the Neptune Declaration on Seafarer Well-being and Crew Change, and was encouraged to see the first publication from the Together in Safety initiative. The initiatives signal the need for increased collaboration in the face of great challenges.
The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to support the decarbonisation of the industry.
