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Current regulations in play driving the demand and growth for bio-lubricants
▪ EPA (U.S. Environmental Protection Agency) − Introduced the Vessels General Permit (VGP), entered into force December 2013. − Mandating all vessels trading on U.S. ports to use Environmentally Acceptable Lubricants (EAL) − All oil to sea interfaces, unless technically unfeasible, e.g. stern tube, rudder bearings, CP propellers, thrusters, wires, etc.
- DNV states: “However, any ship components that can
potentially cause the leakage of lubricants into the sea are in principle to be considered according to the VGP” − Technically unfeasible is a limited opening – to be driven by technology/OEMs − EAL compliance Statement is issued by manufacturer through 3rd party accreditation ▪ OSPAR Convention − Introduced 1992, short for “Oslo Paris convention” − Premise for participating governments local legislation -> All
- ffshore oil & gas operation in North Atlantic
− HOCNF format (Short for the harmonized certificate for chemicals needed to be acceptable for Operators to use), strictest regulation for Oil/Offshore − The Contracting Parties comprise fifteen governments