World News
BIMCO Advances Work on Energy Saving Retrofit Addendum
Shipping industry body BIMCO is making progress on a new addendum aimed at supporting energy-saving upgrades on ships.
The proposed addendum will provide a standard framework for retrofit projects designed to improve efficiency, cut emissions, and enhance vessel performance, it said in a statement on its website on Thursday.
“The upcoming addendum will include a cost–benefit sharing mechanism, encouraging both owners and charterers to invest in energy-saving retrofit projects by clarifying how risks, costs, and performance outcomes are allocated,” BIMCO added.
The drafting is now moving towards a consultation phase, where BIMCO will invite industry stakeholders to review and comment on the text.
Those interested in taking part have been asked to contact Carl Lindahl, with the draft to be shared with participants once ready.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 765.50 | 30.00 | 1576.50 | 94.00 |
| Rotterdam | 695.50 | 24.50 | 1323.50 | 46.50 |
| Houston | 814.00 | 85.00 | 1264.50 | 40.00 |
| Fujairah | 754.00 | 25.50 | 1597.00 | 87.50 |
| Global 20 Ports Average | 893.50 | 25.50 | 1622.50 | 47.50 |
| Global 4 Ports Average | 757.00 | 29.00 | 1440.50 | 43.50 |
| Global Average Bunker Price | 995.50 | 21.50 | 1728.50 | 29.00 |
Popular Now More
-
Apr 08A tanker, a dry bulk carrier and a chemical tanker were arrested on behalf of different law firms from March 31 to April 3. -
Apr 06A container ship reported multiple splashes from unknown projectiles near the ship on Sunday. -
Apr 10New unit is aimed at expanding its international marine fuel offering.