World News
Ireland Mulls Joining Proposed Northeast Atlantic ECA
The Irish government is proposing to join a group of states seeking to establish an emission control area for shipping in the Northeast Atlantic.
Ireland's Department of Transport is proposing joining the group pushing for the IMO to adopt the planned ECA early next year, it said in a public consultation document earlier this month.
The plan would be to establish an ECA around Greenland, Iceland, the Faroe Islands, Ireland and the west coasts of the UK, France, Spain and Portugal.
The ECA would cover sulfur, nitrogen and particulate matter emissions.
"Overall, the designation of the Northeast Atlantic ECA will significantly reduce ship emissions, improve air quality, and contribute to public health and environmental protection in the Northeast Atlantic region," the ministry said in the document.
"The economic impacts will be manageable, and the benefits to marine ecosystems, biodiversity, and human health far outweigh the costs."
The ministry is seeking feedback on its proposal until November 11, before working to persuade the IMO to adopt the measure in April 2025.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 586.00 | 4.00 | 652.50 | 2.00 |
| Rotterdam | 518.50 | 6.00 | 661.50 | 10.00 |
| Houston | 523.50 | 3.50 | 650.00 | 1.50 |
| Fujairah | 569.50 | 3.00 | 752.50 | 0.50 |
| Global 20 Ports Average | 591.00 | 1.50 | 746.50 | 8.50 |
| Global 4 Ports Average | 549.50 | 2.50 | 679.00 | 2.00 |
| Global Average Bunker Price | 636.50 | 1.00 | 805.50 | 6.00 |
Popular Now More
-
Oct 31Ship & Bunker talks to Julie Louise Nielsen, Global Head of Bunker Sales at StormGeo. -
Oct 29Ship & Bunker recenfly teamed up with recruitment specialists Imperium Commodity Search to help paint a picture of the current global salary landscape for bunker traders. -
Oct 31Individuals in the Mongolian business allegedly manipulated data and documents, resulting in inflated sums being paid by Trafigura, and deliberately concealed overdue receivables.