In 2018 the value of the Greek fleet increased by over $5bn to break the $100bn milestone, ensuring Greek shipowners continue to run not only the world largest fleet but also the most valuable. Greece’s pole topping fleet at the beginning of 2019 was worth $105.23bn as the world’s leading cross-traders grew their LNG fleet and the enjoyed a value… Read more →
Author: ICS Class
EU adopts proposal to revise system for shipping emissions monitoring
EU adopts proposal to revise system for shipping emissions monitoring The European Commission adopted a proposal on February 4, to revise the EU system for monitoring, reporting and verification of CO2 emissions from maritime transport. This aims to take appropriate account of the global data collection system for fuel oil consumption of ships established by IMO. The goal of the… Read more →
IMO Sub-Committee to finalize rule for safe mooring
IMO Sub-Committee to finalize rule for safe mooring IMO is working to prevent accidents that occur when ships are being moored at their berth in a port. A SOLAS regulation that focuses on better protecting seafarers and shore-based mooring staff from injuries during mooring operations, is set to be finalized by the Sub-Committee on Ship Design and Construction. Specifically, the meeting… Read more →
ABS Launches New Guide for Liquefied Gas Tank Barges with Remote Control and Monitoring of Essential Systems
The Guide provides requirements for the design and construction of barges equipped with various degrees of automation, remote control and monitoring of essential systems supporting cargo management. The barges may be unattended and controlled primarily from the towing vessel’s navigation bridge. Gas as fuel has become an increasingly popular option for many shipowners looking to comply with environmental regulations and… Read more →
Ballast Water Management: Critical Elements Revealed
Ballast Water Management: Critical Elements Revealed The findings of second survey conducted by ABS with 7 main technologies, show just over a third of installed BWMS to be fully operational. Need for training crew is important to lessen technical dependence on vendors as securing vendor support seems difficult. System reliability, training and Operational expenses remains a major concern for most… Read more →
New MLC consolidated text, including 2014 and 2016 amendments
The celebration of the ILO Centenary started with the entry into force, on 8 January 2019, of the 2016 amendments to the Maritime Labour Convention, as amended (MLC, 2006) . Under the amendments, governments and shipowners are expected to adopt measures to better protect seafarers against shipboard harassment and bullying using as a reference the Guidance on Eliminating Shipboard Harassment and Bullying jointly published by… Read more →
OCIMF issues guidance paper on controlling VOC emissions
The Oil Companies International Marine Forum (OCIMF) has issued a new information paper on volatile organic compound emissions from cargo systems on oil tankers. Volatile organic compounds (VOC) are organic chemicals containing carbon atoms that easily vaporise at normal conditions and enter into the atmosphere. OCIMF’s information paper presents the technologies and methods that are currently available for controlling or… Read more →
Turkey Ratifies Ship Recycling Convention
Ümit Yalçin, Ambassador and Permanent Representative of Turkey to IMO, met IMO Secretary-General Kitack Lim to deposit the instrument of ratification to the treaty on January 31. Turkey, one of the five major ship recycling countries in the world, has ratified the IMO Hong Kong Convention, the treaty for safe and environmentally sound ship recycling. The Hong Kong International… Read more →
United States demands Panama expel ships from Iran
The Department of the Treasury of the United States (EU) asked Panama to expel from the Merchant Navy the ships that belong to the Islamic Republic of Iran or to Iranian companies. The order seeks to comply with the sanctions applied on November 5, 2018 by the Office of Foreign Assets Control of the Department of the Treasury of… Read more →
Panama must refrain from flagging Iranian ships
Authorities of the Department of the Treasury of the United States met yesterday with representatives of the Panama Maritime Authority, the Ministry of Foreign Affairs and the lawyers’ association. Panama asked its consuls, located in different diplomatic representations in the world, not to receive any payment for taxes and fees from the vessels coming from or from companies of the… Read more →