19/08/2019
In response to industry-wide concerns as to whether there will be sufficient supplies of low sulphur fuel available after 2020, the IMO has made provisions in MARPOL. In the event of non-availability, ships are not required to deviate to find compliant fuel and may submit a fuel oil non-availability report, or “FONAR”. In this article we consider the extent of the protection afforded by these provisions and related contractual issues.

27/06/2019
As the clock counts down ever closer to 2020, when ships will need to comply with the reduced bunker sulphur content cap of 0.5%, Members are advised to give careful thought to their charterparty provisions with a view to minimising scope for contractual disputes.

24/05/2019
Last week at the 74th MEPC Summit, the IMO considered a number of matters relating to the 0.5% sulphur limit taking effect on 1st January, 2020 and provided welcome guidance and clarity on various key issues. We summarise some of the key takeaways in this Soundings update.

28/03/2019
Under a time charter, the charterer is usually responsible for fuel and the owner for compliance with MARPOL whereas under a voyage charter an owner would generally be responsible for both. Whilst this should make the position more straightforward, one crucial question will be how best to mitigate the potential impact of volatile fuel prices linked to 2020.

28/03/2019
The following table lists countries which have imposed bans on vessels fitted with open-loop SOx scrubbers calling at their ports, and on the discharge of washwater from these scrubber systems within their port waters.

28/03/2019
The International Energy Agency called the impending 2020 global sulphur limit “easily the most dramatic change in fuel specifcations in any oil product market on such a large scale”. As this paper will reference, it is a truly daunting prospect for multiple stakeholders with shipowners and operators, charterers, bunker suppliers, traders, financiers, insurers, and refiners all impacted. Indeed, from a shipping perspective, the fear of the known unknowns that 2020 generates has been well-documented, yet often lacking in detail. 

25/03/2019
Chinese Ministry of Transport issued a new regulation regarding requirements of emission control areas in Chinese territorial waters which will become effective from 01.01.2019. This new regulation introduces some substantial changes to the existing ECA scheme previously announced by Chinese authorities.

25/03/2019
Chinese Ministry of Transport issued a new regulation regarding requirements of emission control areas in Chinese territorial waters which will become effective from 01.01.2019. This new regulation introduces some substantial changes to the existing ECA scheme previously announced by Chinese authorities. 

25/03/2019
INTERTANKO’s Documentary Committee has revised the INTERTANKO Bunker Emissions Clause, published in 2005, to take account of changes in regulation, in particular the 2020 sulphur requirements of MARPOL Annex VI; but also to deal with bunker quality and best practice in bunkering for both Owners and Charterers. 

25/03/2019
BIMCO has produced two clauses for time charter parties to address key contractual issues relating to the switch to fuel with a maximum sulphur content of 0.50% as of 1 January 2020. The two clauses are the 2020 Marine Fuel Sulphur Content Clause, which replaces the BIMCO Fuel Sulphur Content Clause 2005, and the 2020 Fuel Transition Clause, which deals with switching between fuel with a maximum sulphur content of 3.50% and fuel with a maximum sulphur content of 0.50% by 1 January 2020. Both clauses should be incorporated into time charter parties.

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