ShareThis
It is always worth considering the potential costs and related economic impacts of new environmental regulations affecting global shipping. However, claims by some shipping industry groups that pending IMO ballast water regulations or a proposed carbon levy on bunker fuel will impose unbearable economic hardships on businesses and households around the world seem far-fetched. Let’s take a look at the basic numbers.
It is estimated that widespread compliance with IMO ballast water regulations will require more than 50,000 merchant ships to install on-board ballast water treatment (BWT) systems at a cost of about $1 million each.
For a few years after implementation the IMO's tiered schedule of compliance deadlines could result in as many as 15,000 merchant ships per year installing BWT systems so the annual cost to the shipping industry during those peak years will be about $15 billion.
Once the existing global fleet is in compliance, of course, compliance costs will decline significantly to around $3 billion or so annually and be associated primarily with installation of treatment systems on newly built ships.
Complete Posting at:
http://www.bunkerworld.com/forum/blogs/Dennis-King/104704/MEPC-62-The-world-can-afford-sustainable-shipping
No comments:
Post a Comment