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Maritime

IMO 2020 Through A Bunker Trader’s Lens

Interview Session with Carsten Ladekjaer, the CEO of Glander International Bunkering: What current issues are impacting your industry? The IMO 2020 0,5% Sulphur cap applicable from January 1st next year is the most importance issue impacting the bunker industry short- and mid-term looking ahead. What is the biggest challenge you are facing in your function?…

2 Jul 2019, by IBC Asia Insights

Maritime

Global Shippers and Port Authorities to Convene at the Marine Digitalization China Summit

There’s no stopping to the Fourth Industrial Revolution which is set to hit traditional industries including shipping. The ecosystem will have to begin to confront rapid and unprecedented changes to navigate digital transformation, and turn it into an opportunity (or a disruption) for the business. As part of IBC's China Shipping Week 2019, the Marine Digitalization Summit which is…

14 Jun 2019, by IBC Asia Insights

Maritime

Case Study: AI Implementation Strategy for Container Terminal Innovation

Extract from Joseph Cedric’s Original Paper “AI Project Initiatives for Marine Container Terminal Innovation”, Submitted to Massachusetts Institute of Technology (MIT) Computer Science & Artificial Intelligence Lab (CSAIL), Delivered in Collaboration with GetSmarter (March 2018) Introduction The shipping and container port industry has been steadily implementing automation types of technologies to increase the productivity and…

23 May 2019, by IBC Asia Insights

Maritime

60 Seconds with…Budha Majumdar on Ports and Terminals

Did you know? Budha believes ports and terminals is not as visible an industry as it should be. Inside the industry, ports and terminals are hugely profitable enterprises. The average EBITDA margin in a well-run terminal is better than 50%, which means for every $100 charged for handling a container, the terminal is left with…

21 May 2019, by IBC Asia Insights

Maritime

Tank Cleaning Operations on Chemical Tankers. Why Waste Money?

The expectations required of ship managers are becoming more and more challenging these days. Ballas Water Management, Scrubbers among others, are causing significant impact to the budget of vessels. In the past years I have been involved in innumerable tank cleaning operations including optimising tank cleaning processes. It was interesting to observe that even sister…

18 Jan 2019, by IBC Asia Insights

Maritime

Four Important Prerequisites For Effective Ballast Water Compliance Strategy

Regulatory understanding & Accurate information; Installation Timeline; Technical Feasibilities; Compliance Maintenance  The various surveys with early adopters of Ballast Water Treatment System (BWTS) have shown that the majority of systems installed to date face operability challenges, either due to installation, operational sequence or even non-marine-grade system selection. Given that Ballast Water Management (BWM) is a…

14 Jan 2019, by IBC Asia Insights

Maritime

Bill of Lading Problems No. 1 – ‘Clean’ and ‘Dirty’ B/L’s & Letters of Indemnity (LOI’s)

The demand by shippers for the issue of a ‘Clean’ B/L by a shipowner/carrier, despite observed damage to cargo, is a global problem. It undoubtedly occurs hundreds of times or more each day. Such circumstances actually oblige the Master to state the nature of the observed damage on the face of the relevant B/L. However, if he does this, the B/L will become a ‘Dirty’ B/L and is effectively worthless to a seller/ shipper as the…

18 Dec 2018, by IBC Asia Insights

Maritime

IMO 2020 Impacts to The Shipping Industry – An Expert’s Perspective

On 1 January 2020 the final piece of the jigsaw that is the amended International Maritime Organization’s (IMO) MARPOL Annex VI will fall into place. Ships will be required to consume fuel with a sulfur content of 0.5% m/m or less globally. This event has been widely referred to as IMO 2020. What impact is this going to have?  When…

18 Dec 2018, by IBC Asia Insights

Maritime

Technical and Economic Considerations in Marine Scrubbers Investment Decisions

The scrubber business is getting increased momentum due to the upcoming enforcement of the global sulphur cap. DNV-GL has recently estimated that there are 1850 ships with scrubbers already installed or on order.  However, as the market is developing so rapidly, no one really know how many scrubbers are actually up and running on a daily basis without any major issues, such as false alarms, sensor problems, unintended switching of operations between open/closed loop, back-pressure alarms when turning on/off engines and boilers going into the same scrubber – just to mention a few of…

10 Dec 2018, by IBC Asia Insights

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