The IMO has made it clear: the maritime industry must radically reduce its carbon footprint in the coming years to meet decarbonisation targets set for 2030 and 2050.
With new and drastic amendments to MARPOL Annex VI entering into force in November 2022, seafaring organisations are faced with the daunting task of systematically ensuring their fleets operate more efficiently and emit lower volumes of greenhouse gases. These changes will require a systematic approach and tremendous planning, cohesion, and collaboration.
While these regulations are well-intentioned and bound to be forceful, there will certainly be challenges to adherence for the many stakeholders involved. Our white paper explores the new regulations, their impacts, and challenges associated with widespread compliance. Some challenges are easy to foresee, while others may be more surprising. One thing is for certain, in the decades to come, the maritime industry will have to adapt to an entirely new way of operating in order to meet the challenge of reducing its emissions and operating in a more environmentally friendly manner. Download our white paper to discover more.
The Disruptive Effects of Maritime Decarbonisation2>
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“One very significant outcome of the regulations will be the possible conflict between environmental objectives and commercial interests. The lay terms of a charter contract determine essentially who pays what. Normally, laytime demurrage charges to the charterer take effect the moment the ship’s notice of readiness for port arrival is tendered. Thus, the shorter the laytime, the faster the ship can be berthed, and its cargo loaded and/or unloaded, and the lower the costs are to the charterer.”
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