A Key Gathering for the Fuel Oil & Ballast Water Industries
The Inaugural Bunker Fuel & Ballast Water Compliance Conference (BuBWCE’19), organised by Conference Connection was successfully held from 13-14 November 2019 at the Sands Expo & Convention Centre, Marina Bay Sands, Singapore.
The dual compliances of IMO’s 0.5% sulphur cap on bunker fuels and ballast water management convention places on shipowners, operators, fuel oil and wider commodity markets, an urgent and demanding obligation to ensure compliance, not least because the dates for compliance are almost upon them but also the far-reaching impact of the regulations on business operations.
The conference addressed and show cased via Two Tracks, the following practical impacts, best practices and contingency measures of sulphur cap regulations by 1 January 2020, and the Ballast Water Management Convention, effective since 8 September 2019:-
- Bunker fuel demand/pricing
- Mass flow meters
- ISO 8217
- Risk & credit management
- Operational challenges for fuel quality & compatibility
- Scrubber installations
- Ballast water retrofitting trends
- System installations
- Operational best practices
- Role of port states and flag states in enforcing compliance
- Role of P&I Clubs and insurance underwriters & brokers in assuming risks and providing insurable criteria for ballast water management systems
The conference also included a Half-Day Workshop on “Practical Aspects of Managing Ballast Water Treatment Systems” which provided delegates, analysis and operational insights of expectations for issues and challenges related to system requirements, conversion and installations, as well as the legal considerations and implications for non-compliance. The workshop was led by Mr William Tan, VP, Miyabi Industries & Mr S Mohan, Managing Partner, Resource Law LLC.