Ballast Water

ICS Calls For US$100 Billion Investment

With the IMO Ballast Water Management Convention set to enter into force on Sept. 8, the International Chamber of Shipping has called for industry to spend an estimated US$100 billion to meet legal requirements.

“We need to ensure, so far as practicable, that the systems installed on ships will indeed be fit for purpose in all known operating conditions worldwide. We are therefore advising shipping companies that they should make it clear to equipment manufacturers they will only consider fitting treatment systems which have been certified in accordance with the revised IMO type-approval standards adopted in 2016, even though this is not yet a mandatory requirement,” said Esben Poulsson, ICS chairman.

In July, the IMO adjusted the implementation dates for the convention, such that ships constructed before Sept. 8 will not be required to install treatment systems until the date of their first International Oil Pollution Prevention renewal survey after Sept. 8, 2019.

“Ship owners must make full use of this additional time to identify and invest in far more robust technology to the benefit of the environment. And in view of the significant concessions that IMO has now made in response to the industry’s representations, shipping companies should not anticipate any further relaxation to the implementation schedule,” Poulsson added.

Photo: Ballast Water discharge. Credit: Wikimedia

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