Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Super Eagles beat Tunisia to qualify for AFCON Round of 16

    December 27, 2025 --- 11:39 pm

    2026 Budget: Akwa Ibom Cuts Education Funding Despite Schools’ Challenges

    December 26, 2025 --- 11:21 pm

    US-Nigeria Joint Operation Bombs Terrorists in Sokoto, Zamfara

    December 26, 2025 --- 10:03 am
    Facebook X (Twitter) Instagram
    Trending
    • Super Eagles beat Tunisia to qualify for AFCON Round of 16
    • 2026 Budget: Akwa Ibom Cuts Education Funding Despite Schools’ Challenges
    • US-Nigeria Joint Operation Bombs Terrorists in Sokoto, Zamfara
    • Attacks On Christians In Nigeria Must Stop – Netanyahu
    • Trump’s Policy Curbs Nigeria Brain Drain, Says Akpabio’s Aide
    • Lady Obareki Showers 2025 Christmas Baby With Cash, Gift Items
    • FlyTime Fest 2025: Asake Electrifies Fans with Show-Stopping Performance
    • 2025 Christmas Message: Pope Leo Calls for Compassion for Poor and Marginalized
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»News»INTERCARGO Harps On Challenges Ahead For Shipping Industry
    News

    INTERCARGO Harps On Challenges Ahead For Shipping Industry

    straightnewsng.comBy straightnewsng.comJuly 26, 2019 --- 12:52 amNo Comments3 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    International Association of Dry Cargo Shipowners
    International Association of Dry Cargo Shipowners
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    By Akanimo Sampson

    The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed its growing concern in view of the magnitude of the challenge lying ahead for the industry and the need for a smooth transition.

    The concern is coming with less than five and a half months away for the 2020 global sulphur limit implementation.

    INTERCARGO which was established in 1980 with the objective of giving a voice to ship owners, managers and operators of dry cargo vessels and represent better this shipping sector, says the global availability of safe compliant fuels remains a key question largely unanswered.

    The power of INTERCARGO, like its partner shipping associations, is that collectively, it is possible to change bulk carrier industry for the better in a world where one bulk carrier shipowner acting on its own finds it most difficult to make itself heard and facilitate progress.

    The requirement for the sulphur content of fuel oil used by ships operating outside designated emission control areas not to exceed 0.50% as of January 1, 2020 marks a sea change in the marine fuels’ supply chain.

    According to the association, “It is extremely worrying that compliant fuels have so far been made available only in a limited number of ports and under unfavourable terms for voluntary early testing by ships, as Charterers/Operators are not currently obliged to purchase future compliant fuel.

    “Hence, the practical testing of new fuels and crew training, which is only possible under real conditions aboard ships, is very limited and pushed to the end of year – this situation creates significant safety implications for the operation of ships, which could eventually threaten the safety of seafarers, ships, and cargoes, as well as the marine environment.’’

    In anticipation of the new fuels made available for practical testing aboard ships well before the end of 2019, it is urging that:

    – the fuel supply industry provides the market with significant volumes of compliant fuels at many ports around the world, so that all sectors can be serviced, including the dry bulk sector
    – the Charterers/Operators start purchasing these fuels
    – the Publicly Available Specification (PAS) related to the 0.50% limit is made available as soon as possible to provide guidance on the application of the existing ISO 8217 specification for marine fuels
    – the ship Owners/Operators enhance crew training. Seafarers deserve our special consideration, as the industry will largely rely on their skills for managing the new compliant fuels aboard ships on the high seas to ensure a smooth implementation of this drastic change.

    INTERCARGO works closely with the other international maritime associations – BIMCO, INTERTANKO and the International Chamber of Shipping who, together with INTERCARGO, comprise the Round Table of International Shipping Associations.

    The aim of the Round Table is to maximise the benefit to members and to avoid costly and inefficient duplication of activity. They believe that this strategy of working together is in the best interests of our collective memberships.

    Their members commit to a safe, efficient, high quality and environmentally-friendly dry cargo shipping industry, and the group considers that free and fair competition in the shipping industry is of fundamental importance and this serves as its prime principle.

    Meanwhile, INTERCARGO aims to create strategies to enhance the interests of its Members for the benefit of the dry cargo shipping as a whole.

    BIMCO International Association of Dry Cargo Shipowners (INTERCARGO)-INTERCARGO
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    US Travel Ban: Trump Lists Nigeria Among 39 Restricted Countries

    December 17, 2025 --- 10:11 pm

    Idem’s N1bn Grant: Shettima Tasks Lawmakers to Drive Impact at the Grassroots

    December 7, 2025 --- 1:59 am

    Pastor Slams Colleague over Umo Eno’s ‘Poor’ Governance criticisms

    November 26, 2025 --- 5:39 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Football

    Super Eagles beat Tunisia to qualify for AFCON Round of 16

    By straightnewsng.comDecember 27, 2025 --- 11:39 pm0

    Nigeria’s Super Eagles have secured their place in the AFCON 2025 Round of 16 after thrashing Tunisia  3-2 in…

    2026 Budget: Akwa Ibom Cuts Education Funding Despite Schools’ Challenges

    December 26, 2025 --- 11:21 pm

    US-Nigeria Joint Operation Bombs Terrorists in Sokoto, Zamfara

    December 26, 2025 --- 10:03 am

    Attacks On Christians In Nigeria Must Stop – Netanyahu

    December 25, 2025 --- 10:14 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Super Eagles beat Tunisia to qualify for AFCON Round of 16
    • 2026 Budget: Akwa Ibom Cuts Education Funding Despite Schools’ Challenges
    • US-Nigeria Joint Operation Bombs Terrorists in Sokoto, Zamfara
    • Attacks On Christians In Nigeria Must Stop – Netanyahu
    • Trump’s Policy Curbs Nigeria Brain Drain, Says Akpabio’s Aide
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2025 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.