More refined proposals to report fuel oil quality and non-availability issues expected at MEPC 74.
2020 Global Marine Fuel Sulphur Content Clause and 2020 Transitional Fuel Clause up for discussion.
Consistent approach by Port State Control needed for ships using variety of methods for compliance.
Port State control authorities need uniform approach to handle ships using non-compliant bunkers.
Hyundai Merchant Marine to increase the daily charter rate by $4,900 for five 5,000 TEU box vessels.
Charterers to cover investment cost of above $12.5 million and provide additional compensation.
Coker investment will also help meet anticipated demand for lower-sulphur fuel oil due to IMO 2020.
MEPC 73 approved a draft circular containing IMO’s Guidance on best practice for fuel oil suppliers.
The largest NYSE-listed independent crude oil tanker firm in the world takes position on scrubbers.
‘There are still a number of safety issues to be tackled,’ says General Secretary Martin Dorsman.