U.S. BWTS Regulations May Cost Canada Dearly: New Report

MarineLink.com
Friday, October 25, 2013
CCL Image

A report released by the Canadian Shipowners Association (CSA) has found that American regulations to require the installation of ballast water treatment equipment on Canadian domestic vessels beginning in 2014 will cost the Canadian economy  1.1 billion dollars over the next five years.

Further complicating this situation is the reality that ship owners cannot comply with the regulations at this time, as the appropriate technology does not exist. The United States Coast Guard, which is responsible for type-approving the technology, has yet to approve a technology that works in the cold and fresh waters of the Great Lakes and St. Lawrence Waterway.

The research, conducted by Martin Associates, found that significant adverse economic impact to the Canadian economy could result from the pending inequitable regulatory framework. The research focused on the potential modal shift in grain, aggregates and petroleum products caused by the cost of compliance with the existing US Environmental Protection Agency Vessel General Permit and United States Coast Guard Rule on Ballast Water Discharges. The American regulations will distort commercial markets as it exempts all vessels that operate west of Anticosti Island, which essentially results in the exemption of the American fleet while demanding that the majority of Canadian vessels absorb the cost of developing and installing technology.

The Canadian shipping industry, which is renewing its fleet with 14 new vessels worth over 700 million dollars, is seeking solutions and ways in which to mitigate environmental risk. In an effort to find solutions, Canadian companies partnered with Great Ships Initiative to test ballast water filtration systems. Testing is expected to be completed by the end of 2013.

 Robert Lewis-Manning, CSA's President, stated "We believe that a flexible approach that builds on recent successful efforts to mitigate risk will still allow for current levels of competition and risk management and will reconcile protection of the marine environment with the economic viability of our industry and those that we support."

"When our industry faced a similar situation in 2011 when the State of New York proposed regulations for ballast water discharge with excessively high stringency, our government was highly successful in obtaining redress from unattainable regulatory requirements; we are seeking the same continued assistance," said Wayne Smith, Chairman of the Board of the CSA.
 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Mitsui O.S.K. Ship Ready To Leave Chinese Port

Japanese shipping firm Mitsui O.S.K. Lines Ltd said on Thursday that its ship, the "Baosteel Emotion" 226,434 deadweight-tonne ore carrier, is ready to leave

China Court Releases Japanese Ship After Payment

A Chinese court said on Thursday that it has released a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd, which had been seized in a contract dispute, after the Japanese firm paid up.

Mitsui Pays $40 Mln Compensation After Seizure

Japanese shipping firm Mitsui O.S.K. Lines Ltd has paid about 4 billion yen ($39 million) in settlement to China as compensation stemming from a wartime contractual obligation,

Finance

Wärtsilä Reports Healthy Ship Power Sector in Q1 2014

In its interim financial report January to March 2014 Wärtsilä notes healthy development in ship power and services offsetting challenges in power generation markets.

No Lift for Konecranes as Q1 2014 Profit Slips

Finnish crane maker Konecranes on Thursday reported a 32-percent fall in its core quarterly operating profit amid slow demand and tight competition. January-March 2014 operating profit,

GulfMark Offshore Records Highest Ever Q1 Revenue

Houston-based GulfMark Offshore President & CEO Quintin Kneen commented on his company's first quarter 2014 financial report: "We recorded our highest first quarter revenue ever,

Environmental

Huge Iceberg Broken off Antarctica Heads for Open Ocean

Scientists are monitoring an iceberg roughly six times the size of Manhattan - one of the largest now in existence - that broke off from an Antarctic glacier and is heading into the open ocean.

Offshore Oil & Gas: Brazil’s Northern Frontier

In an effort to spread out oil and gas production to other parts of the country and increase overall oil production, Brazil has finally intensified hydrocarbon

RINA Launches Notation for Eco-ships

International classification society RINA has launched a new voluntary notation to clearly identify new ship designs which meet eco-ship criteria. The Efficient

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1135 sec (9 req/sec)