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09Aug

RECORD KEEPING VITAL TO EXPLAINING IMO 2020 NON-COMPLIANCE

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Record keeping will be key for shipowners to demonstrate compliance or explain non-compliance with the IMO 2020 sulphur cap says North P&I. With the 0.5% sulphur cap for marine fuel now less than five months from coming into force how the regulation will be enforced, and what owners should do if they find themselves unable to comply for any reason are becoming serious issues.

25Jul

IMO SETS “SUSTAINABLE SHIPPING FOR A SUSTAINABLE PLANET” AS 2020 THEME

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ShipInsight, 25 July 2019, Paul Gunton

“Sustainable shipping for a sustainable planet" has been selected as the World Maritime theme for 2020. This will provide an opportunity to raise awareness of the United Nations' Sustainable Development Goals (SDGs), and showcase the work that the International Maritime Organization (IMO) and its Member States are undertaking to achieve the targets.

23Jul

IMO 2020: THE CALM BEFORE THE STORM

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Petroleum Economist, Alastair O’Dell, 23 July 2019

Prices of bunker fuels and the spreads between them are expected to change rapidly over the next 12 months.

16Jul

Port State Control: Paris MoU issued its annual report 2018

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Oil record book still in top 5 deficiencies

01/07/2019 SAFETY4SEA

The Paris MoU on Port State Control issued its Annual Report 2018, noting that the detention percentage of 3.15% in 2018 has decreased compared to the 3.87% in 2017. The number of ships that received a refusal of access (banning) order has also decreased from 32 in 2017 to 24 this year. ISM was again at the top of the five most frequently recorded deficiencies in 2018.

16Jul

INTERTANKO and BIMCO Release Joint Guidance on Contractual Issues Surrounding Scrubber-Fitted Vessels

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Source: www.lexology.com,Winston & Strawn LLP USA May 31 2019

On May 23, 2019, BIMCO and INTERTANKO released contractual guidance applicable to vessels fitted with scrubbers for compliance with the new “IMO 2020” MARPOL Annex VI rules, which require low sulphur fuels or installation of exhaust gas scrubbers meeting equivalent emissions by 2020. The guidance outlines key issues that charterers and owners should take into account during their negotiations.