Bunker buyers are woefully unprepared for 2020 when the global sulfur cap on marine fuel lowers to 0.50 percent, and many shipowners seem to be just "sleepwalking into gasoil." That was one of the key messages made by Alok Sharma, Global Head of Sales, Inatech, who recently talked to Ship & Bunker about where the industry is currently positioned to tackle the challenges of the new global sulfur cap. "The environment we’re in right now, really it is outstanding just how ill prepared anyone is," says Sharma. "It’s not head in the sand time – that was two years ago. Today we’re down a rollercoaster and heading towards a cliff". goo.gl/nkNRS3
The Nigerian government claims it loses an estimated sum of $1.5 billion to piracy monthly. Yakubu Dogara, speaker of the house of representatives, made the claim while opening a public hearing on the bill to amend the maritime operations coordinating board act. The speaker said according to 2012 reports, the number of vessels attacked in the West African sub-region had reached a world record high. He said the increasing attacks in the Gulf of Guinea has given countries in the sub-region a negative image.
A new collapsible 20ft container, which is currently in development, promises to save operators both money and space both at the terminal and in the supply chain. Navlandis’s ZBox claims to be able to take the place of empty containers, which take up around 25% of sea traffic, slashing both logistics and transportation costs. This is because five folded units can fit into the space occupied by a current standard container potentially reducing operating costs by up to 50% and CO emissions by up to 20%.
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