Tough new environmental regulations will soon hit the shipping industry. The IMO 2020 sulfur cap and Ballast Water Treatment rules look set to cause massive disruption, and the continued implementation of worldwide Emission Control Areas (ECA) present fuel buyers and suppliers with new fuel choices, prices, equipment, logistical issues and quality challenges.
Posts tagged ‘regulations’
October 2, 2017 17:34 UTC ![]() The US biodiesel industry just can’t seem to catch a break. Already plagued by poor blending economics – despite recent improvements brought on by rising ULSD costs – that have stymied the market, the industry now faces a possible drop in demand thanks to the feds. |
November 15, 2016 00:00 UTC ![]() S&P Global Platts senior editor, Andrew Scorer, waxes lyrical about the global container market. |
October 20, 2016 09:30 UTC ![]() The shipping industry is meant to epitomize the word “globalization” but not in the true sense of the word, as shipping companies deal with the continuous onslaught of environmental and financial regulations. They are expected to be implemented globally in conjunction with maritime bodies trying to reduce the regulation impact on the balance sheet. The outcome sometimes is a mouse with an elephant’s trunk, meaning what looks good on paper is not always practical. |
May 7, 2015 19:31 UTC ![]() Thursday at the Offshore Technology Conference is traditionally the “safety day,” with sessions and panels bringing together regulators as well as industry professionals to talk about the sometimes uneasy interaction between the two in the offshore oil and gas industry. |