BIMCO aligns with Japan on limiting propulsion power ahead of crunch IMO talks

BIMCO aligns with Japan on limiting propulsion power ahead of crunch IMO talks

Major shipowning body BIMCO has come out broadly in favour of a Japanese proposal to regulate the propulsion power of ships ahead of a key International Maritime Organization (IMO) gathering to discuss how shipping implements short-term measures to slash its carbon footprint.

BIMCO has submitted its proposal to the IMO, and finds itself up against the vocal slow steaming movement – a group backed by France and Greece and more than 120 shipowners who want to see legislation for ship speed limits.

“Measuring a ship’s speed is not an accurate exercise, therefore, other avenues have been investigated. It has been concluded that limiting ships’ propulsion power can be controlled accurately and at the same time, it has a close correlation to speed,” BIMCO stated in a release yesterday.

“While it is imperative to ensure the GHG emissions savings through slower steaming are sustained, it is also important that owners are incentivised to innovate,” said Lars Robert Pedersen, BIMCO deputy secretary general.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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