Thu 30 Jun 2011 13:11

No likely u-turn on 2015 regulation, says OW Bunker


Sales Director says the industry will benefit in the long run if it takes the early 'pain' of regulation.



OW Bunker told the shortsea shipping industry that it needs to forget overturning or delaying impending sulphur regulations in 2015, and focus on implementing plans that will meet the new demands.

Speaking at the 4th European Shortsea Shipping Congress in Hamburg, Søren Christian Meyer, Global Sales Director, OW Bunker, said that while the pain' of regulation will undoubtedly impact the shortsea market, it will create a more successful and sustainable industry in the long run.

“For the shortsea shipping market there are clearly understandable and substantiated concerns with the 2015 ECA sulphur regulation. But I believe we are too far down the road for a u-turn. Ultimately, there are too many influential stakeholders including the European Commission that believe a line must be drawn and progression – however hard – must start somewhere. Indeed they believe that it is the shipping industry’s responsibility to look to innovation and clean fuels as a means of adapting to the change. Any deviation from this will be seen by external forces outside of the industry as an unacceptable unwillingness on shipping’s part to change.”

Meyer continued: “Regulation is inevitable and must be dealt with. No one questions that shipping is the most environmentally efficient form of transport, but that does not negate us as an industry being asked to continually look for further improvements in environmental performance.”

“This is the new world order that we are now operating in. And while within short sea shipping we will lose some freight to the roads, those that accept the change and adapt accordingly will be well positioned to reap the opportunities and benefits that change always brings.”

Meyer also reiterated the importance of planning ahead of regulation and industry partnership to ensure that businesses are ‘fit for purpose’ come 2015.

“Planning and preparation is the best form of attack. Understanding the impact of regulation and working with partners to develop strategies that best meet the challenges that lay ahead. Specifically bunkering companies that understand in detail the technical and supply demands, and can put in place effective fuel procurement strategies that increase ship owners’ and operators’ efficiencies and maximise their profitability. Clearly the way forward is for the industry to work closely together and join forces in combating the tough road ahead,” said Meyer.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.

A Maersk vessel, pictured from above. Rise in bunker costs hurts Maersk profit  

Shipper blames reroutings via Cape of Good Hope and fuel price increase.

Claus Bulch Klausen, CEO of Dan-Bunkering. Dan-Bunkering posts profit rise in 2023-24  

EBT climbs to $46.8m, whilst revenue dips from previous year's all-time high.

Chart showing percentage of fuel samples by ISO 8217 version, according to VPS. ISO 8217:2024 'a major step forward' | Steve Bee, VPS  

Revision of international marine fuel standard has addressed a number of the requirements associated with newer fuels, says Group Commercial Director.

Carsten Ladekjær, CEO of Glander International Bunkering. EBT down 45.8% for Glander International Bunkering  

CFO lauds 'resilience' as firm highlights decarbonization achievements over past year.

Anders Grønborg, CEO of KPI OceanConnect. KPI OceanConnect posts 59% drop in pre-tax profit  

Diminished earnings and revenue as sales volume rises by 1m tonnes.

Verde Marine Homepage Delta Energy's ARA team shifts to newly launched Verde Marine  

Physical supplier offering delivery of marine gasoil in the ARA region.


↑  Back to Top


 Related Links