UN Shipping Talks Fail to Speed Up Faster Carbon Exit
Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that sought to speed up decarbonization of the sector failed to make progress, officials said on Friday.The sector, which transports about 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under pressure to deliver concrete action including a carbon levy.Earlier this month countries including the United States at the COP 26 climate summit pushed for U.N. shipping agency the International Maritime Organization to adopt a zero emissions target by 2050.So farâŚ
Intertanko Welcomes IMO Resolution on Ballast Water Management
Intertanko welcomes the agreement reached this week by the IMOâs Member States in revising the implementation schedule for the Ballast Water Management Convention and urges all Governments to adhere to this new schedule. The International Maritime Organizationâs (IMO) governing body, the Assembly, adopted a Resolution in London that pins the application dates of the Ballast Water Management Convention to the entry into force date. This in effect makes all vessels constructed before the entry into force date âexistingâ vessels, and allows for the installation of a ballast water management system (BWMS) on such vessels at the first renewal survey following entry into force. At present 38 countries representing 30.3% of the worldâs registered tonnage have ratified the Convention.
EU Agrees to Accelerated Phase-Out of Single Hull Tankers
It now seems clear that an agreement on the Post-Prestige accelerated phase-out of single hull tankers, the ban on single hull tankers carrying heavy fuel oil and the wider introduction of CAS has been reached by the European Commission, the EU Member States, and the European Parliament. Everything is set for the adoption of the proposal in early June, keeping it on track to be in effect by July 1. In the meantime, the IMO is about to consider the EU's submission for similar regulations at an international level. Following the Council of Transport Ministers' s informal agreement, reached on March 27, the three institutions cooperated closely in order to facilitate the quick passage of the proposal through the legislative process.
