World News
IMO's New Code for Gas-Fuelled Ships Implemented
The International Maritime Organization (IMO) has issued a reminder that a new mandatory code for ships using gases or other low-flashpoint fuels entered into force on January 1, alongside new training requirements for seafarers working on those ships.
The International Code of Safety for Ships using Gases or other Low-flashpoint Fuels (IGF Code) is intended to minimise the risk to ships, their crews, and the environment, while new amendments to the International Convention for the Safety of Life at Sea (SOLAS) require IGF code compliance of new vessels using gases or other low-flashpoint fuels.
"Gas and other low-flashpoint fuels are cleaner for the atmosphere as they emit very low levels of air pollutants, such as sulphur oxides and particulates. But these fuels pose their own safety challenges, which need to be properly managed," noted IMO.
As Ship & Bunker has previously reported, the IGF code sets out mandatory provisions for the arrangement, installation, control and monitoring of machinery, equipment and systems using low-flashpoint fuels, focusing initially on liquefied natural gas (LNG).
"The IGF Code addresses all areas that need special consideration for the use of low-flashpoint fuels, taking a goal-based approach, with goals and functional requirements specified for each section forming the basis for the design, construction and operation of ships using this type of fuel," explains IMO.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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