The Council of the European Union issued a Provisional Version of its 2499th Council meeting, which focused on transport issues. Under the plan, which must still be approved by the European Parliament, single-hull tankers over 5,000 dwt carrying heavy oils would be banned from EU ports. Single-hull tankers between 600 and 5,000 dwt carrying heavy oils would be banned from 2008. Pre-MARPOL single-hull tankers over 5,000 dwt would be banned from 2005. MARPOL single-hull tankers would be banned as from 2010. In press release issued by the EC, Vice-President Loyola de Palacio welcomed the action. The Council also considered proposals to increase sanctions for ship-source pollution, to establish minimum levels of training for seafarers, and to reinforce the civil liability regime and compensation arrangements in the event of oil pollution.
Reuters reported that South Korea will ban single-hulled tankers from traveling in its waters by 2011, earlier than the international regulation that calls for a ban from 2015, Seoul's maritime ministry said. A single-hulled tanker was involved in South Korea's worst oil spill last month, leaking around 10,500 tons of crude oil after a sea-bound crane mounted on a barge punched holes in the tanker's hull. As of January
AMRIE (The Alliance of Maritime Regional Interests in Europe) will today present a series of recommendations aimed at improving levels of oil tanker safety in response to recent Commission proposals on the safety of the seaborne oil trade. The AMRIE Paper calls on the Commission to lead the way in introducing requirements for Black Boxes to be fitted in ALL existing cargo ships, going beyond the IMO (International Maritime Organisation) suggestion of new cargo ships only
A/S Steamship Co TORM (TORM), a shipping company specializing in the worldwide commercial operation of a fleet of tankers and bulk carriers, reported its results for the first nine months of 2003. Net profit for the third quarter 2003 was DKK 232 million ($35 million), including an unrealized gain on the Company's investment in Dampskibsselskabet "NORDEN" A/S; and net profit for the first nine months of 2003 was DKK 468 million ($70 million), including an unrealized gain on the NORDEN shares
The Regulation banning single-hull oil tankers from European ports has been published in the Official Journal(1) and entered into force October 21, 2003. From that date single-hull oil tankers may not be used to carry heavy grades of oil to or from EU ports. In addition, the timetable for the phasing-out of such tankers has been speeded up, and oil tankers more than 23 years old, as the Erika and the Prestige were, are banned from EU ports immediately
South Korea's GS Caltex will reportedly ban crude shipments on single-hulled oil tankers from next year, according to a Reuters report, well ahead of international laws that timetable their phase out. The move is significant in Asia, particularly if others follow suit. Pending the actions of others, the move could have a ripple effect on the shipbuilding industry and the need for double hull tankers. The industry is currently in the midst of a record orderbook
THE International Bunker Industry Association (IBIA) says that proposals by the European Commission for a EU ban on single hull tankers may inadvertently have a major affect on bunkering operations. Ian Adams, secretary general of IBIA, says, "The European Commission has proposed a new regulation amending regulation 417/2002 which bans entry into EU ports, offshore terminals or anchorage areas under the jurisdiction of a
The International Maritime Organization (IMO) has announced stricter regulations governing the tanker industry on a worldwide basis. The IMO regulations, scheduled to become effective April 5, 2005, will accelerate the mandatory phase-out of single-hull tankers as well as impose a more rigorous inspection regime for older tankers. The regulations will ban the oldest single-hull tankers, representing approximately 12 percent of the current world tanker fleet
According to a June 7 report from Emirates Business 24/7, even as the UAE gears up to ban all single-hull tankers by the end of the year, their number has decreased drastically while demand from countries with inland transportation has increased. The number of single-hulls in the market has dropped to almost seven percent of the total fleet and 2010 would be the right time to scrap the ships, according to a recent report published by McQuilling Services.
Ending a 40-year old ban on U.S. crude oil exports would not raise domestic gasoline prices because it would put more petroleum onto global markets, where fuel prices are primarily set, a study by The Aspen Institute said on Tuesday. As the U.S. oil boom of the last six years builds an excess of light crude along the Gulf Coast refining hub, calls have risen for Congress and the Obama administration to relax the ban on shipments to global customers.
Nigeria's state oil company NNPC has banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari, in what traders said could be part of efforts to crack down on illegal crude oil trading. The vessels, which include mainly VLCC crude oil tankers
Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari
PPG Industries’ protective and marine coatings (PMC) business announced that four individual coatings and primers and two combined coating-and-primer systems have been certified by NSF International for water-tank applications. The new NSF certifications for PPG PMC products include
A ban on 113 oil tankers by Nigerian state oil company NNPC must be lifted immediately as no grounds have been given for the measure, the global oil tanker industry association said in a letter of protest. NNPC issued a letter on July 15, citing a directive from President Muhammadu Buhari
Italy-based classification society RINA informs it has launched a ferry safety initiative. The Asset Integrity Management scheme for ro-pax ferries covers fire risk mitigation, single-failure risk assessment, enhanced planned maintenance and condition-based monitoring and also food
The U.S. Congress could lift the 40-year old ban on domestic crude oil exports within a year as a drop in gasoline prices and the potential return of Iranian oil to global markets makes it an easier measure for politicians to support, Bank of America Merrill Lynch analysts said on Thursday
A fresh range of azimuth thrusters will be featured in a newly integrated propulsion package from Caterpillar Propulsion targeting the tug market. The 60 metric ton bollard pull Cat Propulsion Marine Thruster Azimuth (MTA) is the first model in what will become a new family of rotatable
U.S. Representative Fred Upton, the Republican chairman of the House of Representatives' energy panel, on Tuesday said he favors lifting the 40-year-old U.S. oil export ban. "Oil exports can be a win for the American people and a win for our allies," Upton said
Cairn India Ltd has invited initial bids for exports of its oil from the desert state of Rajasthan, according to a copy of the tender notice seen by Reuters, despite a government ban on overseas sales of locally-produced crude. A government official said there had been no change in the
Clean-up costs associated with a Californian oil pipeline rupture that dumped as much as 2,400 barrels of crude onto a pristine stretch of coastline and into the Pacific Ocean have exceeded $60 million, the Los Angeles Times reported on Wednesday.
On Monday 20th of April 2015, Michael Grey of Lloyds List published the article "Name-calling bullies" where he outlined his opposition to the idea of banning beaching and gave reasons why such a decision would be impractical and unethical for the ship recycling industry.
MAN Diesel & Turbo’s two-stage turbocharging development project, ECOCHARGE, recently passed a significant milestone on its way to a successful market introduction. The company reports that individual MAN TCR20 and MAN TCX17 units – combined as a single
The U.S. oil refining industry's association is not opposed to lifting the country's 40-year-old ban on crude exports as long as the move is part of a bigger effort to lower barriers to trade, the group's new head said on Tuesday. "We're not opposed to lifting the export ban
Lifting the U.S. ban on oil exports would bolster energy security in Europe by allowing countries to find alternative sources, the Czech Republic ambassador to the United States told lawmakers considering a bill to do away with the trade restriction.
China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper. The China's military newspaper reported that eight days of "military missions" had begun on