Rickmers-Linie has declared its support for the introduction of stricter sulphur regulations but expects that it will inevitably lead to an increase in the cost of marine fuels. “While shipping is already the most environmentally friendly mode of transport, the new regulations help to further reduce the impact on the environment and our health,” said Ulrich Ulrichs, Chief Executive Officer of Rickmers-Linie. “But low sulphur fuels are more expensive and growing demand is widely expected to further increase the costs of these fuels.” The new regulations come into effect on January 1, 2015 in the Emission Control Areas (ECA) in the U.S. and Canada as well as the North Sea, English Channel and the Baltic Sea. The maximum content of sulphur allowed in marine fuels used in the ECAs will be 0.1%, compared to 1.0% today. Outside the ECAs, sulphur content in marine fuels will need to be reduced from the current 3.5% to 0.5% by the year 2020. As the result of a review by the IMO in 2018, this deadline might however still be postponed to 2025. “Rickmers-Linie fully supports the introduction of the new regulations,” Ulrichs said. “Using these fuels during navigation in the ECAs, the content of sulphur and hazardous sulphur dioxides in the exhausts of our vessels will be reduced considerably.
The Internal Revenue Service (the "IRS") has issued proposed regulations under section 863 of the Internal Revenue Code of 1986, as amended (the "Code"), providing new rules for determining the source of income from activities conducted in international waters for purposes of U.S. income taxation. These new regulations come shortly after the release last year of regulations under Section 883 of the Code that significantly affected the exemption from U.S
IMO’s Maritime Safety Committee (MSC) is scheduled to take place on May 10 through May 19. Long-range identification and tracking of ships on agenda. MSC will discuss the proposed adoption of new regulations on Long-Range Identification and Tracking (LRIT) of ships, when it meets at the Organization's London Headquarters for its 81st session. Other important issues on the MSC agenda include the adoption of other amendments to the SOLAS and STCW Conventions
Transport Canada has issued new regulations to modernize the certification system for Canadian seafarers and harmonize their working conditions with international labor standards. Source: HK Law
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) will conduct a public workshop March 15, 2011, in New Orleans to discuss new requirements for offshore oil and gas companies to develop and implement Safety and Environmental Management Systems (SEMS). The new regulation, 30 CFR 250, Subpart S, was published in the Federal Register on October 15, 2010, and takes effect on November 15, 2011.
One of the world’s largest and most active shipping registers, The Liberian Registry, has called on shipping regulators to ensure the effective implementation of existing rules to protect human life, safety and the environment, rather than creating new rules and regulations instead. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry, the U.S.-based manager of the Liberian Registry, said
The American Association of Port Authorities commends Homeland Security Secretary Tom Ridge and the U.S. Coast Guard (USCG) on the release of regulations to secure America's ports from terrorist acts. These final regulations call for port facilities to conduct vulnerability assessments, develop security plans and implement enhanced security measures. Enhancing seaport security is a top priority for U.S. ports today. Public port agencies have invested millions of dollars to increase
Environmental Resource Center offers in-depth training on regulations for marine & air transportation of hazardous materials. Businesses that are involved in the sea or air transportation of hazardous materials can help their workers keep up with recent changes in new regulations that will impact their shipments through four seminars and webcasts from transportation consulting firm Environmental Resource Center
GTT technology has been chosen by STX France to equip PEGASIS, the new environmental vessel ordered by Brittany Ferries. GTT membrane technology has been selected by STX France to fit out PEGASIS (Power Efficient GAS Innovative Ship), the new environmental ferry propelled with LNG (Liquefied Natural Gas), ordered by Brittany Ferries. This innovative vessel will use GTT Mark III insulation system and will be built in Saint-Nazaire, in France
The Malta Gaming Authority (MGA) has approved the first application received from Crystal Cruises, which is represented in Malta by Gollcher Group, for its Crystal Serenity which will call to Malta on June 5 and 6, 2015. Crystal’s onboard casinos on Crystal Serenity offer games including Blackjack, Craps, Roulette, 3 Card Poker, Ultimate Texas Hold’em and Mini-Baccarat (on request), as well as slot and video poker machines.
In advance of the United Nations Climate Change Conference in December, the global shipping industry, as represented by the International Chamber of Shipping (ICS), has launched some key messages to government negotiators, explaining the impressive progress the industry is making to reduce
Moore Stephens’ annual survey, which indicates the direction of ship operating costs, suggests that crew wages, repairs and maintenance, along with drydocking are the costs that are most likely to increase most significantly this year and next, says a report from BIMCO.
Coastal vessel operators trying to come to terms with upgraded US Coast Guard regulations for survival craft have been helped along the way by VIKING at the annual Passenger Vessel Association and U.S. Coast Guard Industry Day in Miami.
COMPAC, Thordon Bearings’ seawater lubricated propeller shaft bearing system, won the Tanker Shipping & Trade Environment Award following a verdict that the system allows shipowners to cost-effectively comply with stringent marine pollution rules.
With a new resolution, United Nations' International Maritime Organization (IMO) stresses the need for better regulation and fewer administrative burdens for the benefit of seafarers, shipowners and administrations alike. At the IMO Council meeting held last week
Provider of insurance and related risk management services to the transport and logistics industry TT Club said it welcomes the initiative of the World Shipping Council (WSC) in its recent publication of guidelines to the industry in relation to implementing the SOLAS requirements that become
Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields.
New regulations on the carriage of biofuels could limit the trading flexibility of product tankers from next January, according to Rivertrace Engineering, Managing Director, Mike Coomber. This is because oil discharge monitoring equipment on board most existing vessels is not geared up to handle
Joined up thinking from two marine technology suppliers addresses impending legislation for Ballast Water Treatment and offers a practical solution for monitoring and recording the correct discharge of ballast water, in real-time. The International Maritime Organizations 2004 Ballast Water
Lloyd's Register informs that new stability instrument requirements will apply to all tankers constructed (keel laid) on or after January 1, 2016. These ships will be required to fit an approved stability instrument, capable of verifying compliance with intact and damage stability requirements.
Proactive effort shows commitment to safety and environmental protection. ABS, a provider of maritime shipping and offshore classification services, has been selected by Kirby Corporation to provide classification and International Safety Management certification for 11 push boats
Leading classification society Bureau Veritas has opened a Verification Academy which will help it to meet increasing demand for verification in the EU and globally and to cement its leadership in verification. The Aberdeen-based academy trains both BV staff and clients in implementing
With just a few months to go, VIKING has all hands on deck to ensure coastal vessel operators don’t risk their ability to sail under the US Coast Guard’s upgraded coastal vessel safety regulations. Marine safety equipment manufacturer and servicing provider VIKING
The White House is drafting sweeping regulations to further weaken the U.S. trade embargo on Cuba that would ease restrictions on U.S. companies and make it safer for Americans to travel there, U.S. government sources said on Thursday.
The White House defended its new regulations opening up business activity with Cuba on Friday as advancing U.S. interests in the region and empowering the Cuban people, something it said five decades of economic embargo failed to do.