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Chinese regulators have tightened its domestic emission control area regulation (DECA) which came into force on 1 January 2019.
The shipping industry is on the verge of major changes requiring strong collaboration between ship builders, ship owners and classification societies, agreed the 70 plus participants of the 2018 Tripartite Forum held in Seoul, South Korea on 11 and 12 October.
History has taught the industry that increased fuel blending is a recipe for quality issues, but the lessons to be learned as 2020 approaches are not new.
Efforts to reduce piracy in Gulf of Guinea have so far had little effect. The world’s biggest economies are strengthening their military presence in Southeast Asia, and meanwhile, the security situation in the Red Sea off Yemen remain volatile. On 9 October BIMCO will shed light on the international security situation to raise awareness and stimulate discussions.
China officials have confirmed that there are no plans to impose a ban on open loop scrubbers in the country, as long as they are in compliance with prevailing regulation.
BIMCO issues a list of scrubber regulation related to the discharge of the wash water
China changes its ECA timeline again
The impact of the sanctions against Iran and global stockpile levels are two factors to watch out for.