Fri 6 Jun 2008, 10:41 GMT

Asian shipowners urge IMO to address CO2 issue


Forum Committee says issue of CO2 emissions needs to be urgently reviewed.



The Safe Navigation & Environment Committee (SNEC) has appealed to the International Maritime Organization (IMO) to urgently address the issue of Green House Gases (GHG).

Speaking at the 17th Asian Shipowners' Forum (ASF) was in Boao, China, SNEC Chairman, S. S. Teo presented an updated report on safe navigation and marine environment protection issues. Teo said the issue of GHG needed to be urgently reviewed, specifically those of Carbon Dioxide (CO2).

The ASF also noted that an IMO Intersessional meeting would be held on 23–27 June 2008 in Oslo to discuss technical, operational and market-based issues relating to GHG. Among the many short and long term measures to be discussed would be the development of a methodology for a CO2 emission baseline, CO2 design index and market based instrument such as a current proposal for a global bunker levy scheme and CO2 emission trading scheme.

The Intersessional Meeting is expected to urge the IMO to develop suitable GHG reduction measures for the shipping industry which also take into account the fact that world seaborne trade will continue to expand in the future.

Also discussed at the Asian Shipowners' Forum was the International Convention on Civil Liability for Bunker Oil Pollution Damage (2001) (Bunkers Convention), which will come into force on 21st November 2008. From this date, vessels of more than 1,000 gross tons and registered in a country that has ratified the Convention or enters or leaves a port of a country that has ratified the Convention, must carry a Certificate of Financial Responsibility issued by a state party to the Convention.

Currently, only 20 states have so far ratified the Bunkers Convention. Delegates urged both the States that have ratified the Convention and the International Group to urgently address the need to provide the relevant certificates to ships trading to Convention countries.

Speaking about the MARPOL Annex VI Review on Marine Air Emissions, the ASF said it was pleased that limits on the sulphur content of bunker fuel are goal-based and not prescriptive, and will be implemented over time, thus giving stakeholders time to make all the necessary adjustments and retrofits.

In a statement released after the forum, the ASF said "With clearly defined shortterm and long-term goals, it is hoped that it will encourage and stimulate further technological innovation into abatement technologies and other alternative means of reducing emissions which are practical and holistic."

The 17th Asian Shipowners' Forum (ASF) was attended by 132 delegates from the Shipowner Associations of Australia, China, Chinese Taipei, Hong Kong, Japan, Korea and from the Federation of ASEAN Shipowners' Associations, which comprises the Shipowner Associations of Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The Forum was chaired by Wei Jiafu, Chairman of the China Shipowners' Association.

The 18th ASF will be held at Evergreen Plaza Hotel in Tainan, Taiwan from 25th to 27th May 2009.


Ammonia Energy Association (AEA) logo. AEA qualifies global roster of auditors for ammonia certification system  

Bureau Veritas, DNV, TÜV SÜD and three others cleared to verify low-emission ammonia credentials.

New York city skyline. IBIA early-bird registration deadline approaches for New York convention  

Discounted rates available for members and non-members up until the end of August.

MARAD and Core Power MOC signing. MARAD and Core Power sign cooperation framework to advance nuclear-powered merchant ships  

Agreement targets first construction from 2028 as China accelerates its own nuclear shipping ambitions.

DNV and GEA logos. GEA and DNV launch three-year ethanol data intelligence partnership  

Collaboration will integrate structured global ethanol production data into DNV’s Alternative Fuels Insight platform.

VPS logo. Perfect storm at sea: High bunker prices meet declining fuel quality | Steve Bee, VPS  

VPS highlights sharp drop in fuel quality during 2026 amid higher prices.

Koper waterfront. SUPERALFUEL to hold first alternative marine fuels training course in Koper  

The Adriatic-Ionian initiative targets hydrogen, ammonia and methanol adoption in ports and shipping.

Steel-cutting ceremony of vessels with builder's hull nos. S1159 and S1160. CIMC SOE cuts steel on third and fourth 20,000-cbm LNG bunker vessels for GSX Energy  

Chinese shipbuilder advances series build as two hulls enter construction simultaneously.

Pennsylvania skyline. Sunoco seeks bunker trader in US to drive marine fuels growth  

New hire will be tasked with expanding Sunoco's bunker business in front-line commercial trading role.

Brooklyn Bridge and New York City skyline. Minerva Bunkering recruiting Americas sales manager as it targets regional growth  

New York-based manager is sought to build customer base across North and South America.

Marine battery container. AYK Energy to unveil swappable containerised marine battery system at SMM Hamburg  

The system claims to remove key cost and engineering barriers to marine electrification.