IMO workshop promotes secure shipping in Asia; Hapag-Lloyd Outline Impact of IMO Regulations

Hapag-Lloyd Outline Impact of IMO Regulations
03 Aug 2018

Hapag-Lloyd has discussed the impact that Low Sulfur Fuel (LSF) regulations, imposed by the International Maritime Organisation (IMO) to reduce marine pollution, will have after their introduction in January 2020.

The choice, according to Hapag-Lloyd, is to switch to expensive low-sulfur fuels, or invest in Exhaust Gas Cleaning Systems (EGCS) and Liquefied Natural Gas (LNG) powered ships.

However, there are still questions around how successful these alternatives will be.

The estimated overall cost of new regulations, for the shipping industry, is as high as USD $60 billion.

more...https://www.porttechnology.org/news/hapag_lloyd_outline_impact_of_imo_re...

IMO workshop promotes secure shipping in Asia
02/08/2018

Shipping forms the backbone of world trade, transporting around 80% of global trade by volume. No other method of mass transportation is as cost-effective or fuel-efficient. Each day, around 50,000 merchant ships deliver the things people need and want – from food, to clothes, fuel, raw materials, electronics, medication and more. The security of maritime trade is therefore paramount to people all over the world.

One way in which IMO supports maritime security is through targeted workshops supporting countries to implement IMO measures. The latest of these events, on maritime and port security for Asian countries, took place in Ningbo, China (23-27 July). More than 50 participants representing port and designated authorities and other national agencies from Asian countries were in attendance.

more...https://www.hellenicshippingnews.com/imo-workshop-promotes-secure-shippi...