IMO 2020: Whitepaper from KPMG

(http://www.MaritimeCyprus.com) IMO 2020 marks the most recent culmination of efforts in decreasing the pollution exhibited by the maritime industry on the ecological life impacted by its day-to-day operations. This resolution from the International Maritime Organization (IMO) will have an impact throughout the industry which already is in the middle of a radical revamp, with everything…

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Compliance with the 2020 ‘Global Sulphur Cap’ – Update July 2019

(http://www.MaritimeCyprus.com) This ICS Guidance was first issued in September 2018 and was updated in January 2019 to take account of decisions at International Maritime Organization (IMO) committee meetings. This current version has been updated after the IMO Marine Environment Protection Committee (MEPC) in May 2019 and the IMO Marine Safety Committee (MSC) in June 2019.…

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Readiness for global sulphur cap – BIMCO’s new IMO 2020 clauses

(http://www.MaritimeCyprus.com) Most parties involved in the shipping industry will by now have a clear picture of the requirements under the International Maritime Organisation (IMO) 2020 global sulphur cap on marine fuels. Therefore, attention has turned to the steps that must be taken to put those requirements into practice. Two clauses recently introduced by the Baltic…

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Charterparty checklist: are you contractually ready for 2020?

(http://www.MaritimeCyprus.com) As the clock counts down ever closer to 2020, when ships will need to comply with the reduced bunker sulphur content cap of 0.5%, Companies are advised to give careful thought to their charterparty provisions with a view to minimizing scope for contractual disputes. It is common for charterparties to provide that the ship…

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Infographic on IMO 2020: The Big Shipping Shake-Up

(http://www.MaritimeCyprus.com) Over 90% of all global trade takes place on our oceans. Unfortunately, the network of 59,000 vessels powering international commerce runs on sulfur-laden bunker fuel, and resulting emissions are causing problems on dry land. As today’s infographic demonstrates, new emissions regulations taking effect in 2020 will have a big impact on the world’s massive…

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IMO guidelines – 2020 sulphur cap implementation

(http://www.MaritimeCyprus.com) The IMO’s 2019 guidelines on consistent implementation of 0.50% sulfur limit under MARPOL Annex VI adopted by resolution MEPC.320(74) are now available. These comprehensive guidelines include a template for a “Fuel Oil Non-Availability Report (FONAR)” set out in Appendix 1 and a “Technical review of identified possible potential safety implications associated with the use…

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