Elisabeth Birch, Senior Claims Executive and Jamie Wallace Legal Director of The Standard Club, on Thursday (30 April) published a comprehensive guide on handling bunker claims post IMO 2020:
IMO 2020 has wide implications for all parties involved in the physical shipping chain, and will involve increased risk, responsibility and costs. The Bunker Claims Handling Guide for a new decade, introduces Members to some of the issues that may arise when seeking to comply with the Sulphur Cap and Carriage Ban, as well as likely areas of dispute under time and voyage charterparties, bunker supply contracts.
We would like to thank Alessio Sbraga and Joseph Malpas from HFW for their assistance and contribution with this article.
A full copy of IMO 2020 – Bunker Claims Handling Guide for a new decade can be downloaded here.
Photo credit and source: The Standard Club
Published: 4 May, 2020
MPA harnessing new technologies to enhance the overall situational awareness of agencies and contingency response by its Port Inspectors.
FOBAS tested several samples from Port Klang with TSP results exceeding the ISO8217 specification limit of 0.10% m/m between 07 to 16 March.
To enable an efficient supply that can deliver quantities of 100% renewable and carbon free green ammonia to the market with zero carbon bunker fuels.
‘In response to demand from our customers for Marine Fuel 0.5% specific derivative contracts,’ says spokesman.
Collaboration areas include projects on decarbonisation, AI-driven decision support tools, predictive maintenance, and cybersecurity, said the MPA.
‘Jesper brought great insights and clarity of thought to the table, and it has been a pleasure working with him,’ says IBIA Director Unni Einemo.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
Firm hopes to leverage partnership in Greece as a springboard to expand into neighbouring and overseas markets including Europe and China, says Robin Van Elderen, Regional Head Bunkers, Europe, Sing Fuels.
Singapore can help less developed countries in SouthEast Asia through ‘piloting and scaling fuels and technology as well as a leading hub for green finance’, said DNV Group President and CEO Remi Eriksen.
