IMO 2020 Fuel Standards – Rapidly Approaching

Our industry is complex enough at the best of times but as we approach one of the most critical deadlines ever set by the IMO, minds are focused as never before on how best to respond.

So, what is the issue? A decision was taken by the IMO’s Marine Environment Protection Committee (MEPC) at its 70th session in October 2016 to implement a global sulphur limit of 0.5% on approximately 50,000 ships worldwide effective January 1, 2020. This obviously represents a significant reduction from the current allowable global sulphur limit of 3.5%.

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Nickel Ore Liquefaction – Another Tragic Episode

Indonesia’s maritime authorities this week reported that a lifeboat belonging to the missing national flagged bulk carrier Nur Allya has been found near that country’s Obi Islands. An oily sheen was also reported to have been sighted nearby. The 52,400dwt, LOA 189m vessel last made contact with her owners, PT Gurita Lintas Samudra, on August 20, 2019, with a distress call made from a position near Buru Island while on a domestic coastal voyage from Gebe Island to Indonesia's Sulawesi province carrying nickel ore.

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Can Eagle Spirit Succeed Where Northern Gateway failed?

In May 2017, under the umbrella of the Oceans Protect Plan, the federal government introduced Bill C-48, the Oil Spill Moratorium Act, thereby delivering on the Prime Minister’s campaign promise to introduce a crude oil tanker moratorium on British Columbia’s north coast.
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International Cruise Trends

If we look back to as little as 30 years ago, taking a cruise was still a big deal. The number of ships was limited, itineraries were predictable and onboard facilities traditional.
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Future Тrends for LNG bunkering

For the past ten years or so, there has been global acceptance within the marine industry that a paradigm shift in the use of bunker fuels would be an inevitable consequence of the establishment of Emissions Control Areas
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Baltic Dry Index

What is the Baltic Dry Index?

The Baltic Dry Index can best be described as a weighted average of daily shipping rates for the different classes of dry bulk vessels, namely Capesize, Panamax, Supramax, and Handysize based on a daily survey of agents across the globe.
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