I work in shipping, one of the most polluting industries on the planet...

I work in shipping, one of the most polluting industries on the planet, and I can tell you everyone loves the environmental regulations.

I'm not kidding. It's an industry. Come September, 50,000 ships will need to be retrofitted with a machine to clean ballast water. They cost at least $200-300k each.
By 2020, the same number of ships will need to either use scrubbers (extremely expensive) or use clean fuel, which will require a massive upgrade to the world's refinery capacity and new refineries to be built.
Again, a lot of business.
Many old ships aren't worth upgrading, so they get scrapped, and new ones are ordered and built to replace them. That's a lot of business for middlemen, shipyards, bankers and everyone involved.
Not all old ships get replaced, some owners can't afford new ones. So that's less competition for whoever's left.

Not only that, governments give incentives to do it. Free money.

If you think "big business" doesn't like environmental regulations, you're deluded.

>a greek scammer
colour me fucking surprised

We're not the ones leading the charge with all these environmental crap, it's the Norwegians and the Danish who are obsessed with it

The Japanese and the Koreans are just happy to make all the new ships and equipment

I fucking love huge ships like this that aren't military, I know this isn't a HR thread but you got any more favorite shots to share if you are in the business? My father was a sailor on oil tankers during the 60's and 70's but he didn't have many pictures of the ships he served aboard.

I work in an office, I have a lot of pictures from ships at the office but not at home

My grandpa was an engineer on oil tankers in the '60s and '70s, the only thing I remember is during the end he worked mostly in the North Sea

>Norwegians

You're in shipping? What role does DNV play in propagating the muh environment maymay?

That's what I've been telling people but they wont listen and then it makes me into some kind of a bad guy.

Honestly it's not DNV's fault, they're enforcing the rules agreed by the IMO (a UN agency) like every other classification society.
They're just helping the people making the new technology and designs to make sure it conforms to the new rules and such.

But Norwegian and Danish owners are far more obsessed with having "eco-friendly" ships than anybody else.

I'm not saying it's bad, it's just not all about the environment.

tell me why navios maritime isn't making me rich.

>Come September, 50,000 ships will need to be retrofitted with a machine to clean ballast water.

That is actually a good thing, fucking dirty ballast water is one of the main culprit for the introduction of invasive species, due to chinese cargos that does just that the great lakes are now infested with countless species. From nonedible asian carps that grow immensely to small crustacean that clog up native fishes gills, it pretty much fuck the ecosystem up five way to Sunday.

There's a saying in our industry, the best way to become a shipping millionaire is to start as a shipping billionaire.

It's a tough market, dry was recovering but has been dropping since March 28th pretty much non-stop, it's now in danger territory again. 2016 was the worst year on record.
Fundamentals are better now, subject to external factors (war etc) there's bound to be a recovery at least until the second half of 2019.

Frangou a lesbian but she's a good lady, Navios hasn't done a reverse stock split like everybody else so they have protected shareholders far more than others in the sector, who wiped them out completely.

Shipping is cyclical, if you're patient you'll get rewarded (or go bust while waiting).
On the plus side, containers are on the up now.

I'm sure they're all readily on hand with engineers, inspectors, and contractors ready to sell you the cure to an ailment they invented. Creating an industry need / requirement from scratch, and being the de facto authority on solving whichever problem they meme into existence. Very crafty! Hellas has dominated shipping for longer than all these cuck countries combined. Take eco-shit from nobody and sail the seas in whichever way you see fit, brother! Use their certificates of compliance to light your cigars.

SAY IT WITH ME

O.S.H.A.
Official Shekel Hoarding Association
O.S.H.A.

That's socialism.
Fuck that shit.
Would rather find new and better ways of using oil.

Most people who have installed ballast water treatment systems say they actually do not work

That's gonna be a disaster if someone decides to check, but the general feeling is they'll only require the system to be installed and operational, nobody is ever going to check to see if it actually does what it's supposed to do

In short, the great lakes are fucked

Tl;dr you only have a job because broken window fallacy
>If you think "big business" doesn't like environmental regulations, you're deluded.
No shit, deregulation is to help small business.

I am an officer to the Greek merchant marine and can confirm what OP is saying. Most companies even have some kind of "green" motto , like : Leading the new generation of enviromental protection. But it's not just a whimp of shipowners. the fines for marine pollution are extreme, plus charterers (i.e. BP , Shell , etc ) will prefer companies that have a reputation for being "green" (among other factors)

same happend here with some asian mussel infesting our rivers and fucking up our hydroelectric turbines.

shut up and post more pics like the one in the OP

will post some come morning cause its nightime here , if the thread is still active.

>free money

>tax money is free money

DIE

considered buying a cargo ship to live on.
is it even legal? who will stop me in international waters?

>roaches
>rats
>rust
>disease
>humidity

I could go on

>That's gonna be a disaster if someone decides to check, but the general feeling is they'll only require the system to be installed and operational, nobody is ever going to check to see if it actually does what it's supposed to do

welcome to fucking bureaucracy

bump for more shipping talk

Deck Cadet here, no experience.
Any projection on where the shipping industry will start taking cadets? Like, no experience needed?

Hey thanks a lot for stealing my money you fucking crooked greek bastard.

I invested thousands in dry ships and top ships and lost in all over the past month.

FUCK YOU!

Isn't a lot of that money subsidized?

hahahhaa you are a joke. mad at Greeks cause YOU failed .

Ofc big corporations like regulation because they're made by them. It's all a scam to transfer money from taxpayers to the elites who own those corporations.

True. Crude export bans lifting out the crunch on supply/demand domestically here. Lot of idle tonnage and gas forced everyone onto the spot market vs Long charters like we were used to. Ballast water has been a long time coming just like MARPOL and OPA. Scrubbers are a better solution, but I'm just a wee apprentice pilot in the states.

That's the M/V George A. Stinson ("American Spirit" since 2004).

She's the 7th of 13 1,000 footers (333 meters).

She was built on the Great Lakes and is so long, she can never leave the Lakes (Eisenhower Locks can only fit 720 foot ships).

She's as long as a Nimitz-class aircraft carrier and she sails on Lakes.

How can other countries compete?

this, us taxpayers are the ones who end up footing the bill. That sweet money the big corpos get is our fucking money.

How feasible would eliminating tanker fuel be? I know it's banned in most territorial waters, but if a country were to prohibit the use of vessels that burn it even in the open sea?

fuck

what company makes the scrubbers, lemme buy some stocks

Because it doesn't solve anything long term. The problem is that industrial civilization thinks it can keep growing indefinitely, unfortunately there are these things called 'natural laws' that have always dictated how every species on Earth operates. We have been able to 'skirt' these laws with technology and oil, but the oil isn't going to last forever. Humans will die on this rock just like the other 99 percent of species, at least we were able to fool ourselves into thinking we mattered.

>flag
>working
I call bullshit.

You idiot. Those costs are passed on to the consumers. Fucktard Greek pay debnt.

Takk Jens og Gro, forbanna genialt. Tjener penger i all fremtid takket være disse toskene nå.

Who the fuck let chinese ships go to american lakes? Was it a Clinton?

>flag
>Free money

Yeah, that checks out.