IMO 2020 could cost box ship operators $10 billion this year

While 2018 was a turbulent year for the container shipping industry, it might have been “only a warm up for 2019” in the view of New York headquartered management consultancy AlixPartners LLP.

Maersk seals U.S. East Coast low sulfur fuel deal

An idled New Jersey asphalt facility is being repurposed as part of Maersk’s IMO 2020 sulfur cap strategy. A.P. Moller – Maersk and PBF Logistics LP (PBFX) have reached an agreement for

Swedish Club guide cuts through the IMO 2020 chatter

Time is running out for shipowners who have yet to decide on how to meet the January 1, 2020 IMO sulfur cap. Whether the decision is to install exhaust gas scrubbers or

Esben Poulsson

ICS: Sulfur cap a game changer, but bigger changes to come

“The 2020 global sulfur cap will be the regulatory game changer of the decade with profound implications for the economics of shipping,” says Esben Poulsson Chairman of the International Chamber of Shipping

Call for bunker sector to embrace a new culture ahead of 2020

FEBRUARY 7, 2019 — VeriFuel, part of Bureau Veritas, is urging the marine bunker sector, upstream supply chain, and fuel testing organizations, to embrace a new culture in preparation for 2020 and

Platts launches new Marine Fuel 0.5% assessments

JANUARY 3, 2019 — S&P Global Platts has launched daily cargo and barge price assessments for “Marine Fuel 0.5%” reflecting the residual marine fuels with a maximum sulfur limit of 0.5% at

Scrubbers: Singapore adds to reasons for shipowner headaches

DECEMBER 3, 2018 — In his last public speech before stepping down as Chief Executive of the Singapore Maritime and Port Authority at the end of this year, Andrew Tan gave shipowners

Norden successfully trials “drop in” biofuel HFO equivalent

NOVEMBER 30, 2018 – Danish operator Norden A/S has successfully completed trials of a marine biofuel that is a “drop in” equivalent to Heavy Fuel Oil (HFO), that almost entirely reduces all

Hapag-Lloyd to fit ten Hamburg class ships with scrubbers

NOVEMBER 23, 2018 — Hapag-Lloyd has ordered ten hybrid ready Exhaust Gas Cleaning Systems (EGCS) that will be installed on ten Hamburg class vessels (13,000 TEU) during 2019 and 2020. This will

Torm in China JV with scrubber manufacturer and shipyard

NOVEMBER 9, 2018 — Copenhagen headquartered products tanker operator Tormhas established a joint venture with Denmark’s ME Production, a leading exhaust gas cleaning system manufacturer, and Guangzhou Shipyard International (GSI), which is

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