Shippers Authority engages stakeholders on Sulphur Cap regulations

By
Mildred Siabi-Mensah, GNA

Takoradi, Dec. 15,
GNA – The Ghana Shipper’s Authority together with the Ghana Martime Authority
have organised a day’s sensitisation seminar for maritime sector operators on
the need to reduce emissions.

It is projected that
about 570,000 premature deaths could occur due to respiratory and other health
complications associated with emissions from ships which currently use fuels
containing 3.5 Sulphur content.

The situation has
prompted the Global Maritime Organization to put in place measures such as the
reduction of the Sulphur content to 0.5 for new ships, whilst older vessels
implement good management plans to avoid excess pollution.

The UN 2030 agenda
on the SDGs 13 and 14 enjoins member countries to pay attention to issues on
global warming through the adoption strategies and progressive programming to
save the environment.

Mrs Benonita
Bismarck, the Chief Executive Officer of the GSA, said the sensitization is the
third in the series of a nationwide stakeholder sensitization on the
International Maritime Organization’s (IMO) 2020 Sulphur Cap Regulation.

She said it has
become important for industry stakeholders to catch up on key global industry
expectations that has the ability to change the face of industry and the impact
of IMO 2020 Sulphur Cap Regulations on shipping costs.

Though the two
organizations are distinct and separate from each other, such collaborations
help on matters of safety, security and pollution of the marine environment,
while that of Shippers Organizations, deals with freight rates, port charges,
conditions of shipment and multimodal transportation.

The above,
notwithstanding, the IMO 2020 Sulphur Cap Regulation presents cross cutting
issues of significant interest to both organizations.

Sulphur is a natural
component in crude oil that is present in gasoline and diesel. Sulphur in
gasoline impairs the effectiveness of emission control systems and contributes
to air pollution.

Mrs Bismarck said
reducing the sulphur content in gasoline enables advanced emission controls and
reduces air pollution.

The implementation
of the IMO 2020 regulation and the planned response by the shipping lines is
likely to result in higher freight rates for all category of shipments.

The CEO said with
fuel costs already representing more than 50 percent of total operating
expenses, the implementation of the IMO 2020 Sulphur Cap Regulations will pose
an increase too significant for carriers and cargo owners to absorb and stay
operational.

She said sustainable
shipping is the key to ensuring that the environment is protected while
providing the goods and services for human consumption.

She said preparing
for the ramifications that came with the implementation would ensure that
collectively the unintended consequences on the industry are well managed.

GNA

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