Tag: Mediterranean
Getting ready for low sulphur ship fuel oil limits in the Mediterranean
In 2025, Mediterranean Sea states will begin enforcing global regulations mandating that ships meet stringent requirements to reduce harmful Sulphur dioxide (SOx) pollution. To facilitate the implementation of these new cleaner air rules, a regional workshop was held on May 22–23 at the Regional Marine Pollution Emergency Response Centre for the Mediterranean Sea (REMPEC) in…
Blue Mediterranean Partnership steps up support for sustainable blue economy
Blue Mediterranean Partnership to support transition to a sustainable blue economy in the Mediterranean region; Partnership to start operating in early 2024; Partners aim to mobilise at least €1 billion in investments. At COP28 (www.COP28.com), partners and donors involved in the Blue Mediterranean Partnership reinforced their support for developing the sustainable blue economy in the…
Mediterranean SOx ECA, and heavy fuel oil ban in the Arctic
Two new MARPOL regulations dictating fuel properties are due to take effect in 2024 and 2025. This includes the Mediterranean Sea becoming an ECA for SOx in 2025, and the Arctic banning the use and carriage for use of HFO, which will take effect in 2024. More about this in this statutory news. Mediterranean Sea…
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean
Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean, despite the absence of its own reserves. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil prices and…
