New IMO Regulations
New regulations from the United Nations International Maritime Organization which took effect in July 2011 have made it illegal for the MV Nisshin Maru to operate while using heavy oil below 60 degrees south. This will most likely increase the cost of operating in the Southern Ocean. The new rules prohibit ships using heavy oil in the Antarctic treaty system area due to the risk to wildlife in the event of an oil spill.
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“If it were possible to make an accurate calculation of the evils which police regulations occasion, and of those which they prevent, the number of the former would, in all cases, exceed that of the latter.”
—Karl Wilhelm Von Humboldt (1767–1835)
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