World News
IMO Head Says Polar Code Key to Environmental Protection for Polar Shipping
International Maritime Organization (IMO) Secretary-General Kitack Lim Monday told the Arctic Frontiers conference in Tromsø, Norway, that the Polar Code is the single most important initiative to establish safety and environmental regulation for polar shipping.
Lim highlighted the new regulations for ships operating in polar waters, which were introduced on January 1 in order to address international concern about the protection of the polar environment and the safety of seafarers and passengers stemming from a growing number of ships plying polar waters.
"The Polar Code sets out mandatory standards that cover the full range of design, construction, equipment, operational, training and environmental protection matters that apply to ships operating in the waters surrounding the two poles," notes IMO.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| 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 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.