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Each month we post the main happenings of the shipping industry. Here is the 3rd edition of this newsletter which highlights the main shipping stories of October 2016.
1. News from IMO
IMO sets 2020 date for ships to comply with low sulphur fuel oil requirement
Mark this date "1 January 2020". This has been set as the implementation date for a significant reduction in the sulphur content of the fuel oil used by ships.
After this date the fuel used on all the ships would have a global sulphur cap of 0.50% m/m (mass/mass). This decision was taken by the International Maritime Organization (IMO), during its Marine Environment Protection Committee (MEPC), meeting for its 70th session in London.
It represents a significant cut from the 3.5% m/m global limit currently in place. This also demonstrates a commitment by IMO to ensuring shipping meets its environmental obligations.
IMO Secretary-General Kitack Lim welcomed the decision. He said it reflects the Organization’s determination to ensure that international shipping remains the most environmentally sound mode of transport.
Regulations govern...
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About Capt Rajeev Jassal
Capt. Rajeev Jassal has sailed for over 24 years mainly on crude oil, product and chemical tankers. He holds MBA in shipping & Logistics degree from London. He has done extensive research on quantitatively measuring Safety culture onboard and safety climate ashore which he believes is the most important element for safer shipping.
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