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Home » News » Regulation, Legislation & Legal News - Q2 2018


Regulation, Legislation & Legal News - Q2 2018

Sulphur 2020: Regulation download
25 Jun 2018 07:01 GMT
Freight Investor Services' Chris Hudson takes a look at the upcoming 2020 regulations in new article series.

Associations call for sulphur cap progress at IMO meeting
19 Jun 2018 07:43 GMT
IMO urged to make progress on key challenges to avoid compromising safety or unfairly penalising individual ships.

MPA issues guidance for fuel oil consumption data collection
14 Jun 2018 08:52 GMT
Port authority outlines IMO DCS requirements for Singapore-registered ships of 5,000 gt and above.

Condition survey declaration needed for HFO cargo-carrying tankers: P&I club
13 Jun 2018 08:04 GMT
Members with ships carrying HFO are required to declare if any were aged 10 years or more.

ABS issues marine fuel advisory ahead of 2020 sulphur cap
08 Jun 2018 10:23 GMT
Guidance covers key considerations and challenges for meeting new sulpur cap requirements.

Class action lawsuit filed by Aegean shareholder against the company, former president and ex-CFO
06 Jun 2018 11:42 GMT
Former directors accused of violating Section 20(a) of the Securities Exchange Act.

Two US law firms file class action lawsuit against Aegean
06 Jun 2018 08:19 GMT
Kaskela Law and Bernstein Liebhard start legal proceedings; nine other law firms launch investigation.

Aegean expects to write off $200m and take legal action
05 Jun 2018 07:33 GMT
$200m of accounts receivable owed to be written off; Audit Committee looks set to recommend claims against parties involved.

OW Bunker ruling threatens uncertainty for 'hundreds' of cases: ING
04 Jun 2018 09:57 GMT
ING files petition for rehearing, arguing that Florida law has been applied at the expense of maritime law.

GIA Taskforce looks at ways to cut emissions, fuel consumption
01 Jun 2018 13:04 GMT
Ongoing projects discussed in meeting; first workshop held to brainstorm further ideas.

Verifavia warns against 'overcomplicating' EU MRV and IMO DCS regulations
01 Jun 2018 10:44 GMT
Existing laws are 'relatively straightforward', with only 'minor differences' between both systems, firm says.

Iceland mulls HFO ban options in territorial waters
01 Jun 2018 08:43 GMT
Nordic nation evaluates strategies to reduce pollution from burning heavy fuel oil.

World Fuel Services files email document in case against MV Triton
25 May 2018 09:54 GMT
Email says sales are on credit of the vessel; buyer is presumed to have authority to bind vessel with a maritime lien.

Honduras oil spill response requirements enter into force this week
24 May 2018 15:08 GMT
The lowdown on the documentation needed for vessels dropping anchor in Honduran waters.

BPA calls for 'credible evidence' on emissions as UK issues 'tight' air quality deadline
23 May 2018 12:07 GMT
'Lack of credible evidence behind [Clean Air] strategy is concerning,' says British Ports Association.

UK sets out plan to tackle maritime emissions
23 May 2018 09:45 GMT
Clean Air Strategy includes measures related to ECAs, zero-emissions shipping, greener fuels and port air quality.

Monjasa appoints DNV GL ahead of 2020 sulphur cap
23 May 2018 00:12 GMT
DNV GL named as external auditor as bunker firm prepares for sulphur cap implementation.

MPA issues smoke emission reminder, warning
22 May 2018 08:01 GMT
Reminds shipowners to 'take all necessary measures' to avoid excessive emission of soot, ash or dark smoke.

ICS urges IMO action to avoid sulphur cap 'chaos'
21 May 2018 11:58 GMT
Warns of 'unholy mess with ships and cargo being stuck in port'; calls on EC to respect CO2 reduction strategy.

Crew member files lawsuit against Vane Line Bunkering
17 May 2018 13:02 GMT
Plaintiff alleges that 'negligence, carelessness and recklessness' of Vane Line resulted in his injury.

ING loses appeal in OW Bunker case involving US supplier
14 May 2018 15:41 GMT
US Court of Appeals upholds judgment that funds should be distributed precisely as the parties intended.

North P&I urges shipowners to 'act now' ahead of 2020 sulphur cap
11 May 2018 12:39 GMT
P&I club concedes that the process of selecting a compliance option 'is not a simple choice'.

MPA outlines funding eligibility for distillate MFMs in Singapore
11 May 2018 09:59 GMT
Bunker tankers licensed by the MPA on April 26 will be eligible - except those that received MPA financing for fuel oil MFMs.

Emissions 'black box' project shows digitalisation is 'likely key' to sulphur cap enforcement: DMA
09 May 2018 10:58 GMT
Technology recently tested in the Baltic Sea with the aim of improving sulphur emissions monitoring.

ICS raises concerns over 2020 fuel availability and agreed standards
08 May 2018 12:47 GMT
Association calls on IMO to 'urgently resolve' these issues within the next 18 months.

BIMCO's Documentary Committee approves revised bunker contract
03 May 2018 08:47 GMT
BIMCO expects inclusion of liability cap - along with other changes - will lead to a wider adoption of the contract.

Aegean reaches settlement with RBM to dismiss litigation, appoints three board members
02 May 2018 14:44 GMT
Tyler Baron, Raymond Bartoszek and Donald Moore join board; Melissanidis's consulting contract is terminated.

Triton-linked firms ordered to pay $350k bond to avoid vessel arrest
02 May 2018 12:52 GMT
Bond would be held in connection with World Fuel Services' lawsuit for alleged non-payment of marine fuel.

World Fuel Services in legal battle over alleged non-payment of bunker fuel
02 May 2018 12:48 GMT
Case revolves around fuel delivery to the bulk carrier M/V Triton last year.

Bunker suppliers given 14 months to fit MPA-approved MFMs for distillate deliveries
27 Apr 2018 19:45 GMT
Firms can apply for co-funding of up to S$60k ($45k) for each tanker delivering distillates.

Bureau Veritas launches 'My Fuel Consumption' compliance tool
25 Apr 2018 16:52 GMT
Enables owners to submit their SEEMPs as required by IMO-DCS.

BIMCO set to adopt new Bunker Terms in bid to boost harmonisation
25 Apr 2018 15:26 GMT
Key changes include liability cap, default 30-day credit period, and delivery and claims management provisions.

Emission test results prompt NGOs to call for Med ECA
24 Apr 2018 14:33 GMT
Sea traffic measurements said to show that pollution in Gibraltar and Barcelona is up to 70 times higher than most urban areas.

Wartsila CEO talks up 'critical role' of LNG, calls for 'clear' GHG roadmap
20 Apr 2018 11:51 GMT
There is 'no single solution' for decarbonising shipping, says Jaakko Eskola.

Industry coalition makes case for LNG in wake of MEPC 72
20 Apr 2018 08:58 GMT
Argues that LNG is a 'bridging solution' where ships and infrastructure could 'easily' switch to renewable, or zero-emissions.

Maersk targets 60% CO2 emissions reduction by 2020
18 Apr 2018 14:08 GMT
Boxship giant has already surpassed IMO's 2030 carbon intensity target after last year achieving a 43% reduction (since 2007).

New bunker testing device indicates sulphur content 'in less than three minutes'
16 Apr 2018 13:42 GMT
Makes it possible to avoid compliance issues by performing test before bunkering and prior to ship leaving port.

MEPC adopts best practice guidance for bunker buyers
16 Apr 2018 12:33 GMT
Move is designed to help assure the quality of fuel oil delivered to, and used aboard ships.

PPR6 to develop Arctic HFO ban as nations urge 2021 implementation
16 Apr 2018 09:18 GMT
MEPC directs 2019 sub-committee to draw up plan following strongly worded proposal to apply ban 'no later than the end of 2021'.

IMO agrees historic deal to cut carbon in shipping sector
13 Apr 2018 15:21 GMT
GHG emissions to be slashed by 'at least' 50% on 2008 levels by 2050 with emphasis on scaling up action to 100%.

MEPC on verge of agreeing to slash GHG emissions by at least 50%
13 Apr 2018 00:21 GMT
Draft text would see total shipping sector GHG emissions cut by a minimum of 50% by 2050, from 2008 levels.

UK government teams up with Marshall Islands to heap pressure on IMO states over GHGs
12 Apr 2018 00:03 GMT
Two nations call on IMO members to reduce GHGs in the spirit of the Paris Agreement.

Secretary-General's speech at MEPC 72
11 Apr 2018 01:17 GMT
Kitack Lim covered bunker-related issues in his opening address at the MEPC's 72nd session.

MEPs issue unilateral warning as IMO climate goals are deemed 'not good enough'
11 Apr 2018 00:47 GMT
EU politicians draw line in sand with Paris Agreement as one MEP warns: 'the powers that want to water down the proposal are gaining ground'.

HFO ban: Arctic awareness event at MEPC 72
10 Apr 2018 01:19 GMT
Short presentations to be delivered by shipping, science, indigenous and non-governmental representatives.

ECSA backs MEPC to deliver 'ambitious' CO2 reduction strategy
10 Apr 2018 00:13 GMT
European governments could be driving force to help push through agreement, ECSA says.

IMO nations must back Arctic HFO ban: NGO
10 Apr 2018 00:11 GMT
Clean Arctic Alliance calls on MEPC 72 to support ban on heavy fuel oil from Arctic shipping.

'Moment of truth has come for IMO': Marshall Islands environment minister
09 Apr 2018 14:42 GMT
Says island nation has made 'significant compromises' in the draft initial strategy text.

Shipping 'must play its part' in controlling emissions: New Zealand
09 Apr 2018 11:27 GMT
IMO strategy should be 'ambitious', with measures put in place 'as soon as possible', says Associate Minister of Transport.

ICS urges nations - such as US - not to 'derail' GHG reduction agreement
09 Apr 2018 09:07 GMT
Says 'Paris Agreement for the shipping industry' should be ambitious enough to stimulate the development of zero CO2 fuels.

Bunker issues pack MEPC 72 agenda
06 Apr 2018 13:42 GMT
Various marine fuel-related issues to be covered at next week's MEPC meeting in London.

IBIA presents best practice guidance for suppliers
05 Apr 2018 10:07 GMT
New guidance is designed to help assure the quality of bunkers delivered to ships.

Rotor sail firm Norsepower ready to back Paris GHG reduction targets
04 Apr 2018 13:45 GMT
CEO Tuomas Riski supports 70-100% decarbonisation by 2050.

Shipping firms could have undue influence over IMO policymaking: Anti-corruption report
03 Apr 2018 16:29 GMT
NGO urges IMO to reform its governance structure to promote transparency.





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