World News
Environmental NGO Welcomes MEP's Support for Arctic HFO Ban
Transport & Environment (T&E) Tuesday welcomed a vote by the European Union's (EU's) Members of European Parliament (MEPs) to call for a ban on the use of heavy fuel oil (HFO) by ships operating in the Arctic.
"We welcome MEPs taking the bold initiative to call for a ban on the use of the world’s dirtiest fuel in the Arctic," said Faig Abbasov, shipping policy officer at T&E.
"It’s unfortunate that the issue is not even on the IMO’s agenda as yet. EU member states should follow the political resolve shown by Europeans’ representatives and champion the protection of one of the most vulnerable ecosystems in the world at the IMO."
T&E says the environment committee's decision highlights the impact HFO has on both human health and climate.
"The Clean Arctic Alliance welcomes the clear position by the European Parliament’s environment committee, in particular its call for an HFO-free Arctic," said Dr. Sian Prior, lead advisor to the Clean Arctic Alliance, of which T&E is a member.
"Banning heavy fuel oil use by ships operating in the Arctic would reduce both the impact of oil spills and the levels of pollutants which drive the melting of snow and ice in the Arctic. This resolution is a clear message to the International Maritime Organisation that European citizens want a ban on the use of HFO in the Arctic adopted by 2020."
Last week, the Clean Arctic Alliance welcomed the signature of Daniel Skjeldam, CEO of Hurtigruten AS (Hurtigruten), to the Arctic Commitment.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 8.50 | 779.00 | 29.50 |
| Rotterdam | 608.00 | 11.00 | 764.50 | 24.50 |
| Houston | 636.50 | 8.00 | 807.50 | 5.00 |
| Fujairah | 649.50 | 4.00 | 888.50 | 11.50 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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