Shipping industry proposes $5 billion Research and Development fund to help cut emissions

(http://www.MaritimeCyprus.com) Maritime associations representing 90% of world merchant fleet on Wednesday (18 December) submitted a proposal to form the world’s first collaborative shipping R&D programme to help eliminate CO2 emissions from international shipping. The proposal include a new non-governmental Research & Development organisation to pave the way for decarbonization of shipping. The other highlights of…

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BIMCO and INTERTANKO Publish Q&As for Scrubber-Fitted Ships (2020 sulphur cap)

(http://www.MaritimeCyprus.com) BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter parties. These Q&As have been produced jointly by INTERTANKO and…

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Intertanko – Gap analysis and mapping of Vessel Inspection Questionnaire edition 7 against edition 6

(http://www.MaritimeCyprus.com) Since the launch of the seventh edition of the Vessel Inspection Questionnaires for Oil Tankers, Combination Carriers, Shuttle Tankers, Chemical Tankers and Gas Tankers, INTERTANKO has been developing a gap analysis and mapping document for use by the tanker industry. OCIMF has stated that this edition has undergone an extensive revision process which has…

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Intertanko Guidance for Ballast Water contingency measures (update Sept.2018)

(http://www.MaritimeCyprus.com) Since the Ballast Water Management Convention came into force last September, port-states have not been homogeneous in dealing with contingencies where ship operators were unable to carry out ballast water exchange. In light of the entry into force of the IMO’s Ballast Water Management Convention (BWMC) as well as the step change in enforcement of the…

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New security guidance for southern Red Sea and Bab al-Mandeb from BIMCO, ICS and INTERTANKO

(http://www.MaritimeCyprus.com) In response to the threats arising from the conflict in Yemen, BIMCO, ICS and INTERTANKO have published interim guidance on maritime security in the southern Red Sea and Bab al-Mandeb, to assist shipowners and operators to assess the presence of new threat patterns in the area. The conflict in Yemen has introduced additional maritime security threats,…

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Shipping industry unites to propose ambitious CO2 reduction objectives to global regulator

Four major international trade associations – BIMCO, INTERCARGO, International Chamber of Shipping (ICS) and INTERTANKO – have made a joint proposal to the UN International Maritime Organization (IMO) concerning ambitious CO2 reductions by the international shipping sector, which is responsible for transporting about 90% of global trade and 2.2% of the world’s annual man-made CO2…

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