The Shanghai Futures Exchange revealed that China plans to launch a bonded low-sulphur bunker oil contract that will enable foreign investors to participate in trading by the end of 2019. https://safety4sea.com/china-aims-to-a-low-sulphur-bunker-fuel-oil-future-by-end-2019/
News
IMO Compendium on facilitation and electronic business has been approved, to support harmonization and standardization of electronic messages. The compendium includes a new standard IMO reference data set which will be used as the basis for automated and digital systems for exchange of information when ships arrive and depart from ports. The information data set supports mandatory reporting formalities for ships, cargo and persons on board and can be also extended to support commercial business and international shipping. https://issuu.com/imo-news/docs/imo_news_-_summer_issue_-_2019/22
Albion Marine Solutions Ltd is pleased to warm welcome Dr. Anowarul Bashar, PEng, as our new Director of Engineering. Dr. Bashar has Bachelor, Masters and Ph.D. all three degrees are in Naval Architecture and Marine Engineering. He invented a New FE Theory named Numerical Weight Function Method (NWFM), parallel to ANSYS, in the domain marine and structural world, developed computer programs to solve critical problems, applied significantly by saving a lot of computer resources, included in university syllabus and honored with Gold Medal. He is also a Licensed Professional Engineer. He has worked in ABS HQ, IRS HQ as Authorized Signatory, in a Public Sector Dockyard as 2nd in Command and successfully dealt with seven concurrent Coast Guard Vessels comprising of 100m$. While working in NOV HQ he has successfully accomplished Hebron Projects in NL, Canada. Dr. Bashar brings to Albion his rich and vast 26+ years of professional, engineering, leadership and managerial experience in solving various types of real life problems in Naval Architecture and Marine Engineering. His aim is to develop Albion Marine Solutions’ level into the Best of the Best (BOB) multi-discipline engineering and project management team in Marine World.
MPA Singapore, in collaboration with Singapore Shipping Association, has published the second edition of two technical guides on the impeding 0.5% fuel oil global sulphur limited by IMO. The two guides for Singapore-registered ships and Ships calling at Port of Singapore respectively are an addition to the first two editions that were launched in November 2018. Both guidelines consist of details on Singapore’s implementation plan for the IMO 2020 global sulphur limit as well as the outcome of the recent IMO Marine Protection Committee 74th meeting (MEPC 74). Read the full guidelines here.
IMO training on the International Safety Management (ISM) Code is underway for nine countries in the eastern and southern Africa subregion. The code sets an international standard for safe ship management and operation. The course is focused on how the code evolved and its importance in efforts to improve safe ship operation and pollution prevention. Read more