Impact on the region Capt. Sukhjit Singh, MTCC Caribbean Estimated - PowerPoint PPT Presentation

Summary of options and Impact on the region Capt. Sukhjit Singh, MTCC Caribbean

Estimated Mix Unspecified Plans, 2% Alternative Fuels, Low Sulphur Fuel Oil 5% Scrubber, 19% Scrubber Alternative Fuels Low Sulphur Fuel Oil, 74% Unspecified Plans The Project is Funded by the European Union and 7/16/2019 2 implemented by the International Maritime Organization

LSCI ECONOMY Rank Antigua and Barbuda 158 UNCTAD Liner Shipping Connectivity Index (LSCI) Bahamas 57 Barbados 143 The Liner Shipping Connectivity Index captures Belize 116 how well countries are connected to global shipping China, Hong Kong SAR 4 networks. Cuba 124 It is computed by the UNCTAD based on five Dominica 151 components of the maritime transport sector: Dominican Republic 45  number of ships, Grenada 148  their container-carrying capacity, Guyana 131  maximum vessel size, Haiti 107  number of services, and Jamaica 58 Panama 30  number of companies that deploy container ships Saint Kitts and Nevis 156 in a country's ports. Saint Lucia 152 From Port of MIAMI (USMIA) to Saint Vincent and the Grenadines 153 Singapore 2 Port of Port of Spain $1100 (weekly) 1456 nm Suriname 136 (TTPOS) Trinidad and Tobago 85 $457 (weekly) 10435 nm VIA United Kingdom 9 Port of Hong Kong (HKHKG) Panama Canal $829 (every four days) United States of America 8 The Project is Funded by the European Union and source: http://stats.unctad.org/LSCI 7/16/2019 3 implemented by the International Maritime Organization

Bunker Adjustment Factor / Bunker Recovery Charge / Marine Fuel Recovery Fuel price x Trade factor = BAF The BAF tariff is designed to recover fuel related costs, and it will be charged separately from the basic ocean freight as the fuel cost is a very significant and volatile part of shipping costs. The fuel price is calculated as the average fuel price in key bunkering ports around the world, whereas the trade factor reflects the average fuel consumption on a given trade as a result of variables like transit time, fuel efficiency and trade imbalance. The Project is Funded by the European Union and 7/16/2019 4 implemented by the International Maritime Organization

Customs and other import duties (%age of Tax Revenue)

Sulphur 2020 implications - extending beyond seas.

The Project is Funded by the European Union and 7/16/2019 7 implemented by the International Maritime Organization