Topic: IMO 2020

Fuel prices take a massive nosedive

CoronavirusFuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per tonne on January 1st to USD 415 per tonne today. The...Read more
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

Zeaborn 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
|Comment|author: Tobias Pieffers

Spliethoff secures 110 million euro scrubber loan

Environmental regulationDutch multipurpose vessel operator Spliethoff has secured a 110 million euro loan agreement with ING and the European Investment Bank for the retrofitting of 42 vessels of its fleet with exhaust gas cleaning systems and...Read more
|Comment|author: Tobias Pieffers
IMO 2020 | Project Cargo Journal

Topic: IMO 2020

Fuel prices take a massive nosedive

CoronavirusFuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per tonne on January 1st to USD 415 per tonne today. The...Read more
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

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
|Comment|author: Tobias Pieffers

Zeaborn 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
|Comment|author: Tobias Pieffers

Spliethoff secures 110 million euro scrubber loan

Environmental regulationDutch multipurpose vessel operator Spliethoff has secured a 110 million euro loan agreement with ING and the European Investment Bank for the retrofitting of 42 vessels of its fleet with exhaust gas cleaning systems and...Read more
|Comment|author: Tobias Pieffers