Resumen de Shipowners told to clean up or pay up

Industrial Minerals

• One group taking a lead on this is The Sustainable Shipping Initiative (SSI), a group of influential shipping companies, including the American Bureau of Shipping, Bermuda-headquartered Gearbulk, Indian shipper IMC, the UK's Lloyd's Register, Denmark-based Maersk Line, Japan's Namura Shipbuilding Co. Ltd and Finnish group, Wartsila. Its brief is to improve the industry's environmental record and support the International Maritime Organisation's (IMO) policies to deliver a carbon strategy that enables shippers to reduce climate gas emissions.

  The project is led by Athens-based bulk carrier owner, Arista Shipping, and with Deltamarin's design, it aims to develop a commercially feasible LNG-powered dry bulk carrier capable of complying with the IMO's Energy Efficiency Design Index 2025 standards, nitrogen oxide (NOx) Tier III and Marpol Annex VI sulphur oxide (SOx) emission levels. Arista Shipping CEO, Alexander Panagopulos, said: "Owners must decide within the next five-to-10 years whether gas as fuel is a practical means of compliance with lower emissions standards and this project will enable all of us to understand its feasibility."