Industry consultation on Common Rules for New Buildings

The Round Table of shipping associations (ICS, BIMCO, INTERCARGO, INTERTANKO) and OCIMF held meetings this week to discuss and analyse the proposed common rules on new building standards for tankers and bulk carriers. The consultations will continue on 10 September 2004 to prepare for a meeting with IACS on 20 September 2004.

The participants agreed with the principles of the common standards for new buildings and stressed the need for better ramification analyses in order to provide a better understanding of the impact of these new regulations on current designs. The rules for bulk carriers, as presented, seem to need further development and adjustment. The common rules for tankers also need further refinement and clarification with regard to the increased rate of scantlings versus the total thickness of the structural elements. Another important element is the need for a close harmonisation between the two sets of standards.

Following further consultation, the industry will prepare responses to the two project groups (Joint Tanker Project - JTP and Joint Bulker Project - JBP) for the end of September. Further opportunities to analyse these rules before their final assessment by IACS will be at:

i)   the ISTEC meeting on 24 and 25 September, where the JTP group has agreed to make a presentation on the application of the new standard to current double hull tanker designs and to show the results of these comparisons, and

ii) the Tripartite meeting between Shipowners, Class Societies and Shipyards in early November.

The aim of IACS is to have the two sets of rules adopted by the end of 2004 and implemented for ships contracted from 1 July 2005.

Contact: Dragos Rauta