The International Bunker Industry Association (IBIA) on Wednesday (28 May) provided an industry update on the recent 74th session of the Marine Environment Protection Committee (MEPC 74):
As pressure continues for more regulation of the supply side, a proposal from several shipping organisations to make bunker licensing schemes mandatory under MARPOL Annex VI was rejected at the 74th session of the IMO’s Marine Environment Protection Committee (MEPC 74), but it agreed to consider a template for voluntary application.
The proposal in MEPC 74/5/4, submitted by ICS, BIMCO, INTERTANKO, INTERCARGO, IPTA and WSC, said that addressing fuel safety-related matters through making bunker supplier licencing mandatory under MARPOL Annex VI was supported by the IMO’s Maritime Safety Committee (MSC).
The view of the co-sponsors of MEPC 74/5/4 was that the safety risks associated with poor quality fuel oil could be mitigated if Member States implemented fuel oil supplier licensing schemes. This view received significant support during plenary discussions at MEPC 74; some thought it would be critical to the safe implementation of the 0.50% sulphur limit in 2020. The majority view, however, was that a licencing scheme would create additional administrative burdens without significant or sufficient benefit and hence should not be made mandatory. There was, however, support for developing guidance on how to set up such schemes on a voluntary basis.
Following the discussions in plenary an annex to MEPC 74/5/4, containing a draft template of a bunker license that could be used by Member States and ports under their jurisdiction, was forwarded to the Air Pollution Working Group to see if it might be added as an appendix to the “Guidance on best practice for Member States/coastal States” which the working group was instructed to finalise during MEPC 74. Despite working long into the evenings during MEPC 74, the group did not have time to consider the proposed example of a supplier licence and suggested instead that it should be kept for consideration at a future meeting as early as possible. That means either the 7th session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 7) in February next year or MEPC 75, which has been scheduled to run at the end of March/start of April next year.
IBIA would like hear views from our members on the draft licencing scheme proposed by the shipping organisations in MEPC 74/5/4. Please contact us if you want a copy of the proposal and to share your thoughts on it.
Source: International Bunker Industry Association
Published: 29 May, 2019
‘Our main focus of OTT is to increase transparency towards our clients as well as minimise the time customers spend on getting bunker delivery status updates,’ Executive Director tells Manifold Times.
‘Generally, you have to heat VLSFOs to prevent waxing, but the more you heat them the lower the shelf life is going to be,’ Dr Malcolm Cooper, the Group Managing Director of VPS, tells Manifold Times.
Current low prices for road and aviation fuels in September could mean another increase of flashpoint off-spec cases for MGO when players start introducing the products back into the bunker stream.
Some bunker suppliers at various ports have even achieved their sales target for the year; the trend doesn't seem to be slowing down and suppliers are expecting a boom during end of September.
The company has entered a memorandum of agreement with Millenium Satu Ltd to acquire the 7,550 dwt oil tanker to increase service flexibility; vessel will be paid over an installment period of 36 months.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.