World News
IMO's Fourth Greenhouse Gas Study is On Schedule Despite Coronavirus
Monday April 27, 2020
The International Maritime Organization's (IMO) next greenhouse gas study, one of the key reports to show evidence of the shipping industry's progress in decarbonization, is on schedule despite the COVID-19 pandemic, the UN body said Monday.
"The 4th IMO GHG study, which will provide data on GHG emission from ships up to 2018 and future projections, is on schedule to be completed by late 2020," the IMO said in a statement on its website.
Several IMO meetings over the past month have been postponed indefinitely because of the pandemic.
As the IMO seeks to reschedule meetings it will prioritise meetings of the IMO Council, the Marine Environment Protection Committee and the Maritime Safety Committee, it said.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.50 | 9.00 | 685.00 | 6.50 |
| Rotterdam | 506.00 | 6.00 | 665.00 | 11.00 |
| Houston | 552.50 | 0.50 | 682.00 | 4.00 |
| Fujairah | 548.00 | 7.50 | 750.00 | 3.00 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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