World News
Bimco Reappoints Secretary-General Frew to Focus on Environmental Challenges Facing Industry
Shipowners' organisation Bimco has re-appointed Angus Frew to continue as its general-secretary for another five-year term.
The appointment is to support Bimco's aim to make sure the industry retains a level playing field, and that practical hurdles are removed for shipowners, so they can comply with new environmental legislation, the organisation said.
"Frew's main priorities for the coming years will be the industry's environmental policy, adding value for BIMCO members and ensuring that the industry speaks with a clear and united voice," Bimco added.
At the top of Frew's agenda are the 2020 sulfur cap on bunker fuel and greenhouse gases.
"The most important thing on BIMCO's agenda is the environment," Frew said.
"We have the implementation of the 2020 Sulphur cap to contend with, and we want a clear strategy and reduction objectives on carbon emissions."
Bimco is the world's largest international shipping association with over 2,000 members and is best known for drafting standard contracts for the maritime industry.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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