Monthly archive

March 2019

IMO Legal Committee to Address Fraudulent Registration of Ships

Source: IMO press release - IMO’s Legal committee will discuss a number of proposed measures to prevent fraudulent registration of ships and other deceptive shipping practices, during its 106th session (27-29 M

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Japan accedes to ship recycling convention

Source: IMO website - IMO's treaty for safe and environmentally-sound ship recycling has received another boost.

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IMO 2020 Sulphur Caps - It's Not Just About Fuel

Source: Splash 24/7 - Lubes Headache brewing - Fuel choices have obscured the complex issues over lube selection ahead of IMO 2020. Here’s a useful guide to the problems coming up and how to handle them.

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ICS Presents Their Shipping Industry Flag State Performance Table for 2018

Source: International Chamber of Shipping - The ICS Shipping Industry Flag State Performance Table brings together data available in the public domain regarding the performance of flag states in terms of, inter alia, Port State Control records, ratification of international Conventions, and IMO meeting attendance.

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Isle of Man Ship Registry Names New Director

Source: IOM Ship Registry Website- The Department for Enterprise has announced the appointment of Cameron Mitchell as the next Director of the Isle of Man Ship Registry.

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IMO 2020 could slow down boxships

Boxship owners could slow-steam more ships and carry out more transhipment to combat higher costs from IMO 2020 regulation, according to shipping consultancy Drewry.
 
The company said that lines' actions will depend on how successful they are at implementing fuel surcharges.
 

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Forbes: ExxonMobil Eyes Marine Fuels Business Expansion As IMO 2020 Deadline Looms - 0.5% LSFO Available From Q3 2019

Source: Forbes website - As the shipping world scrambles to get ready for the International Maritime Organization's IMO 2020 ruling, oil major ExxonMobil's marine fuels outfit is "digging deep" to be at the forefront of the emerging low sulfur market. . . .

Over 3,000 ships to boast scrubbers by the end of 2020

Over 3,000 ships are set to be fitted with scrubbers by the end of 2020, according to the latest statistics.
 
A surge in demand for companies to fit scrubbers next year means 3,018 vessels will have the equipment by the close of 2020, according to DNV GL data cited by DNB Markets.
 

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Nigel Smith former SKANReg leader to retire as new head plans for growth

3/13/2019 Source: SKANReg Press release - Nigel Smith, inaugural International Registrar of the London-headquartered St Kitts & Nevis International Ship Registry (SKANReg), is retiring in May after 47 years in the shipping industry.  

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Chinese lessors are not about to go away, but they are starting to slow down

After a breakneck decade of transforming ship finance, the big leasing houses are pausing for breath
 

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