Ballast Water Regulations and the Cost of Compliance

The Ballast Water Convention came into force on 8 September 2017, some 13 years after it was adopted at the IMO. The convention is aimed at stopping the spread of harmful aquatic organisms transferred in a vessel's ballast water. As of October 2018, 79 countries have ratified the convention, representing more than 80% of global shipping tonnage. Given that more than 40,000 ships will have to install ballast water treatment systems, shipowners and operators want insight into the cost and operational implications of complying with the convention.

News & Analysis

Capitol Hill
19 Nov 2018
Passage of the Vessel Incidental Discharge Act (VIDA) likely occur before the end of 2018.
Ballast-water treatment equipment
03 Sep 2018
Fairplay senior editor John Gallgher looks at how ballast-water equipment issues will be scrutinised through data gathering and analysis.
Poor fuel efficiency has rendered some older LNG carriers unemployable. Credit: Danny Cornelissen
30 Aug 2018
LNG spot rates are at their highest summer since 2002, as markets work in a shorter economic lifespan for vessels.
Yang Ming box ship
15 Aug 2018
The Taiwanese box ship operator placed a firm order for ten ships, with options for four more.
NYK – Sunrui  signing ceremony
24 Jul 2018
The number of ships involved makes this the single largest order for ballast water management systems received by any manufacturer.
CMA CGM Otello
18 Jul 2018
French water treatment specialist BIO-UV Group, which specialises in the use of ultra violet light for water disinfection purposes, has secured the order for 17 systems

Commentary

Power wielded by government regulators over the environmental issues to be discussed at MEPC 71 will be justified if shipowner investments can tackle the problems.