LSFO Raises Ship Operating Cost by $20,000 Per Year
New rules that entered force at the start of 2020 to reduce sulphur emissions from ships are leading to significant hikes in vessel operational expenditure, members of theshipping industry say.Using low sulphur fuel oil (LSFO) can add as much as $20,000 to the operational expenditure for each ship per annum, said Sacha Cornell, fleet manager, Norbulk Shipping, speaking during a webinar organized by trade association management company Maritime AMC. “I would guesstimate that the extra cost for additional sampling…
New Bulk Terminals Trade Association Formed
The newly established Association of Bulk Terminal Operators (ABTO) has been formed to provide the world’s bulk terminals with a united front at governmental level to ensure the sector can better face the environmental and commercial challenges ahead. Open to bulk terminal operators, suppliers of equipment and services to those terminals and relevant associations and institutions, the trade association seeks to provide a voice at a national and international level, providing a forum for its members to discuss the issues impacting seaborne trade and the global transportation of bulk commodities. “The Association of Bulk Terminal Operators was born out of an underrepresentation of the sector at national government and international regulatory level…
Boatbuilders Assoc. Names New Director, Relocates to Florida
American Boat Builders & Repairers Association (ABBRA) names new Association Management Company and Executive Director to lead the national group that represents the business interests of the boat building, marine service and boat repair industry and seeks to strengthen and encourage professionalism. The American Boat Builders & Repairers Association say they have appointed Gordon Connell as its new Executive Director and named Connell Communications its new Association Management Company.
