SURVEY: Last chance to win 2 VIP tickets for the Project Cargo Summit 2020
Survey2020 has started tumultuous with rising fuel costs, weaker freight rates and the unexpected coronavirus outbreak. To report on these developments as accurately as possible and have a better understanding of what keeps our readers...Read more
Prices for IMO 2020 fuels skyrocket
IMO 2020With IMO 2020 now in effect, fuel prices for low sulphur fuel have soared, shooting up almost 50% in major bunker ports like Singapore. Prices for heavy fuel oil, on the other hand, have remained...Read more
Wagenborg fleet now sailing on low sulphur fuel
IMO2020PRESS RELEASE – As of November, Wageborg has started ordering and bunkering low sulphur fuel in response to the upcoming sulphur cap, starting on January 1st 2020. The vast majority of the fleet has now...Read more
Scrubber failure floods engine room
ScrubbersA video of a failing scrubber system is quickly spreading on social media. The clip shows how large quantities of wash water are pouring down on the main engine of the ship, adding fuel to...Read more
Oil prices may fall ahead of 2020, warns Rystad Energy
The oil market is going from gloomy to gloomier, warns Rystad Energy in a new market report. Increased production, economic recession, the ongoing trade war and IMO 2020 together may become a dangerous mix which...Read more
Spliethoff says low sulphur fuels will lead to higher CO2 emissions
With 2020 fast approaching, more and more shipping companies are communicating how they intend to comply with the upcoming sulphur regulations. While most shipping companies will simply switch to low sulphur fuel, Spliethoff opts for...Read more
AAL vague about IMO 2020 approach
Sulphur CapAAL is the second large multipurpose shipping company to publicly announce its strategy for the upcoming IMO 2020 sulphur regulations. But although the company is clear about switching to low sulphur compliant fuel, its calculation...Read more
Zeamarine announces IMO 2020 cost recovery measures
IMO 2020Starting September 1, customers of Zeamarine will pay a Low Sulphur Surcharge of USD 35 per freight ton to recover the costs from the IMO 2020 sulphur regulation, which forces shipping companies to reduce their...Read more
Intercargo concerned about lack of testing of low sulphur fuels
EnvironmentWith less than six months to go until the new sulphur regulations come into force, Intercargo says it is “extremely worried” about the safety of ships, crew and environment as both the fuel suppliers and...Read more
Höegh Autoliners CEO: “Why focus on using a product that will be banned?”
IMO 2020Höegh Autoliners CEO Ivar Myklebust joins the club of scrubber critics and says he “stands firm” on the decision not to implement scrubbers to comply with the IMO 2020 regulations, but to use low sulphur...Read moreZeaborn eyes more cheap second-hand tonnage
ConsolidationGerman shipping company Zeaborn eyes more cheap, second hand tonnage now that a multitude of new environmental legislation will force ship owners to either sell or invest in their ships. “The 2020 sulphur cap and ballast...Read more