The IMO Marine Environment Protection Committee’s 73rd session (MEPC73) has just ended, and with it, so did all speculations about a potential delay of the global 0.50% sulphur cap. The rules apply from 1 January 2020 – and they will be enforced….
Sulphur cap ahead! Read More »
Earlier this year, the Moore Stephens international member firm in Greece published ‘Owners’ Dilemma’, a thought leadership article looking at the financial considerations arising from the decision about whether to fit scrubbers to comply with the IMO …
Moore Stephens: Weighing the accounting implications of IMO 2020 Read More »
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies’ operating costs and capex needs, Fitch Ratings says. This may negatively affect their credit quality unless they manage to pass thes…
Fitch Ratings: Tighter Fuel Rules Could Raise Shipowners’ Costs and Capex Read More »
The 73rd session of the IMO’s Marine Environment Protection Committee has dealt with a huge amount of work this week. Below is a brief summary of points of particular relevance to IBIA’s members. We aim to report in more detail later, and at our Annual…
MEPC 73: Summary of key outcomes Read More »
In 1997, the International Maritime Organisation (“IMO”) adopted Annex VI to the International Convention for Prevention of Pollution from Ships (“MARPOL Convention”) in order to tackle the air pollution caused by shipping. On 1 July 2010, a revised An…
The 2020 Global Sulphur cap Read More »