CSA 2020 statement
(Posted on 26/03/20)
Ian Adams, Executive Director, Clean Shipping Alliance 2020:
"Given the unprecedented circumstances we all find ourselves, we should not dwell too much on the narrowing fuel price spread. Bunker prices will undoubtedly be distorted due to the difficult and challenging post-coronavirus market, exacerbated by the spat between Russia and Saudi Arabia which is culminating in an oil surplus in a market where demand has reached a nadir.
"Certainly, media reports concerning the narrowing of fuel prices should not be a deterrent to the wider take-up of marine exhaust gas cleaning systems (EGCS) as the technology remains the optimal, most effective means of meeting MARPOL Annex VI requirements. The use of EGCS also avoids the uncertainty surrounding the quality and availability of VLSFO.
"Existing and new users of EGCS have invested in the technology first and foremost to reduce the impact of sulphur emissions on human health. Indeed, with members of the Alliance reporting that their installations are reducing sulphur emissions down to less than 0.10%, well below the mandatory 0.50%, then their investments can be considered not only sensible but successful."
Latest News
New AXSMarine tool helps users visualize CO2 emissions and CII
(Posted on 20/03/23)AXSMarine, a pioneer and market leader in the provision of advanced solutions for shipping professionals... Read more
Shipzero advances the decarbonization of logistics
(Posted on 20/03/23)Shipzero is enabling transport and logistics companies to create transparency about their emissions... Read more
Isle of Man Ship Registry joins INTERCARGO
(Posted on 07/03/23)The Isle of Man Ship Registry (IOMSR) has become an associate member of The International Association... Read more
More investment into crews’ health and nutrition says MCTC
(Posted on 07/03/23)The wellbeing of crew members is becoming more important to shipping companies says leading catering... Read more
Strong demand and diversified vessel portfolio fuels strong Algoma performance
(Posted on 28/02/23)Canada based Algoma Central Corporation has reported its results for the year ended 31 December, 2022... Read more
Ukrainian seafarers back, but many have suffered trauma
(Posted on 24/02/23)Ukrainian seafarers have largely returned to international shipping thereby restoring balance in crew... Read more
Round Table prioritises seafarers at first in-person meeting since COVID
(Posted on 24/02/23)The Chairs of the Round Table of International Shipping Associations met in Athens last week to renew... Read more
AXSMarine invests in Nextvoyage
(Posted on 21/02/23)AXSMarine, a leading provider of SaaS shipping software and data for decision making in the chartering... Read more
Algoma and CSL order new methanol-ready self-unloaders
(Posted on 20/02/23)Algoma Central Corporation and The CSL Group, who together form the CSL International Pool have announced... Read more
WinGD targets predictive maintenance in cooperation with Bernhard Schulte
(Posted on 20/02/23)Swiss marine power company WinGD has launched a pilot project for a new engine diagnostics solution... Read more
