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Dubai - The global marine fleet is set to experience great shift in the coming six months

UAE law firm Fichte & Co Legal recently held a seminar in Dubai, which tackled the International Maritime Organisation (IMO) 2020 mandate and its impact on the world's leading ports, including Fujairah and Singapore.
With the rapidly approaching regulatory change forcing ship-owners to comply one way or the other, the global marine fleet is set to experience great shift in the coming six months.
Jasmine Fichte, legal founder and managing partner of Fichte & Co, said: "The UAE has already established itself as a nation that prioritises reinforcing a greener footprint and a more sustainable future. The implementation of UAE Vision 2021, which entails a full-fledged sustainable structure for the country's future, accordingly aligns with the IMO 2020 sulphur cap."
"UAE stakeholders dealing with HSFO [high sulphur fuel oil] should seek out a more sustainable plan to secure their position in the industry before the mandate is initiated and the seminar will enable forward-thinking to proactively plan for this.
Hessa Al Malik, executive director of the maritime transport sector at the Federal Transport Authority - Land and Maritime, said: "As a more stringent standard becomes the norm... shipowners and marine vessel operators must be adequately prepared now to avoid any last-minute hassles."
The seminar was attended by both private and government representatives, including Abdulla Al Mestrih, acting head of the international cooperation department at the Federal Transport Authority - Land and Maritime.
The speakers shared their insights on how all stakeholders can continue growing and prospering in the maritime sector.
- business@khaleejtimes.com