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
AtoB@C Shipping takes delivery of Fleximar
(Posted on 23/12/25)AtoB@C Shipping, a subsidiary of ESL Shipping, has announced the successful delivery of Fleximar, the... Read more
Western Bulk re-enters ship ownership with selected partners
(Posted on 18/12/25)Western Bulk, together with reputable Norwegian partners A/S J. Ludwig Mowinckels Rederi, Premium Maritime... Read more
Pacific Basin announces formation of a Sustainable Energy Solutions team
(Posted on 18/12/25)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more
Columbia expects significant growth as more owners shift operations to the UAE
(Posted on 09/12/25)Columbia Group anticipates a period of strong expansion as an increasing number of international shipowners... Read more
Norse Ship Management emerges as digital leader among new-generation ship managers
(Posted on 09/12/25)Norse?Ship Management has expanded its use of Smart Ship Hub’s high frequency sensor data and... Read more
Maritime health experts welcome STCW amendments, but urge against checkbox compliance
(Posted on 09/12/25)As the maritime industry gears up to welcome the IMO’s STCW bullying and harassment training amendments... Read more
NORDEN acquires Southern African cargo activities of Taylor Maritime
(Posted on 02/12/25)NORDEN has acquired the cargo activities of Taylor Maritime in Southern Africa (previously operated... Read more
IMO delay could spark fragmentation risks, warns EmissionLink
(Posted on 02/12/25)Philippos Ioulianou, Managing Director of EmissionLink, has warned the IMO’s decision to delay... Read more
VIKAND highlights bullying and harassment as major mental health concern
(Posted on 02/12/25)VIKAND has highlighted the need for cultural change in the maritime sector as reports of bullying, harassment... Read more
DNV and WMMF guide to support shipowners' path to net-zero
(Posted on 24/11/25)The maritime industry is experiencing a period of significant transformation, driven by rapidly evolving... Read more
