IMO plans to speed single-hulls' phase out; VLCCs hit hard

Demise of single-hull, ocean-going oil tankers moved much closer last month when the UN's International Maritime Organization (IMO) took its "first, formal step" towards a global timetable for accelerated phase-out of the vessels.The 45th session of IMO's Marine Environment Protection Committee (MEPC 45) approved a set of proposed amendments to MARPOL 73/78. That is the International Convention for the Prevention of Pollution from Ships (1973), amended by a subsequent Protocol in 1978.MARPOL 73/78 has its own phase-out schedule that has come under pressure to be accelerated since the Erika, a Maltese-registered tanker, broke in half in an Atlantic storm Dec. 12, 1999, about 100 km...

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