Cyprus Flag Administration updates the Directory of Services and contact persons 19 Feb. 2020

(http://www.MaritimeCyprus.com) The Cyprus Deputy Ministry of Shipping (Cyprus DMS), has issued an updated version of their Directory of Services, and contact persons. This can be downloaded at the bottom of this article. Cyprus is an international maritime centre, boasting strength, breadth and experience, attracting quality tonnage and increasing numbers of first-rate shipping companies from around…

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Shipping and Transport: Introducing Incoterms 2020

(http://www.MaritimeCyprus.com) On January 1, 2020, the most recent edition of Incoterms® came into effect. Among the changes are a new set of rules, DPU (described below), new carriage security obligations, cost clarifications, and changes to insurance requirements and buyer and seller obligations. Parties using Incoterms® in their contracts should be aware of, and where possible…

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Marine Money Cyprus Forum 2020

(http://www.MaritimeCyprus.com) The 4th Marine Money Cyprus Forum will be held on Tuesday, 28th April 2020 at Four Seasons Hotel, Limassol.  Anchor Sponsor will again be Hellenic Bank and Cyprus Shipping Chamber and Cyprus Union of Shipowners endorse the event.  Mrs. Natasa Pilides, Shipping Deputy Minister will be the keynote speaker.  Marine Money looks forward to welcoming shipping and ship finance experts and investors from…

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Paris MOU and the Tokyo MOU: Prohibition on the carriage of non-compliant fuel (IMO 2020)

(www.MaritimeCyprus.com) The Paris MOU and the Tokyo MOU are reminding stakeholders that the ban on carriage of non-compliant fuel enters into effect on 1 March 2020. Due to the long period of advance notice, there will be no phase-in period with respect to enforcement.  The Tokyo and Paris Memoranda of Understanding (MoUs) on port State…

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LOF 2020- an update to the world’s oldest and most commonly used salvage contract

(http://www.MaritimeCyprus.com) The Lloyd’s Standard Form of Salvage Agreement (LOF) has existed in various iterations for over 100 years, with the earliest published form appearing in 1892. The form has been amended and simplified over the years to keep up with developments in the industry but the principles behind the contract have remained the same: to provide…

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USCG enforcement of IMO 2020 sulfur cap

(http://www.MaritimeCyprus.com) The US Coast Guard issued Guidance on the implementation of its compliance/enforcement policy for MARPOL Annex VI Regulation 14, including the IMO 2020 sulfur cap. This guidance is not a substitute for applicable legal requirements, nor is it itself a rule. It is not intended to nor does it impose legally binding requirements on…

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IMO 2020: Worldwide Scrubber washwater restrictions (update Jan. 2020)

(http://www.MaritimeCyprus.com) The IMO considers exhaust gas scrubbers to be an acceptable means of reducing vessels’ sulphur emissions and ensuring compliance with MARPOL Annex VI.  A separate guideline, Resolution MEPC.259(68), specifies the requirements for the verification, testing, survey and certification of scrubber systems and sets out the criteria for discharging scrubber washwater into the sea. However, some coastal…

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IACS issues updated Blue Book and Green Book for 2020

(http://www.MaritimeCyprus.com) The International Association of Classification Societies has released the January 2020 edition of the IACS Blue Book and the accompanying IACS Green Book.  Together, these publications summarize the technical output of IACS and, as such, continue to demonstrate IACS’ technical support to the shipping industry through their work and investment in technology, innovation, research and…

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Australia: Implementation of the 1 January 2020 low sulphur fuel requirement

(http://www.MaritimeCyprus.com) This notice is to remind vessel owners, operators, masters and fuel oil suppliers of the global implementation of the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI sulphur limit of 0.50 mass per cent concentration (m/m) in fuel oil from 1 January 2020, and to advise on Australia’s approach to…

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