Reduction of carbon emissions and IMO 2020 regulation bring many unknown parameters to the table.
A total of 42 vessels will be retrofitted with either scrubbers or ballast water management systems, or both.
Increased liquidity has allowed Argus to assess 0.5% LSFO for delivery in Singapore based on physical trade.
Guidelines for sampling of fuel oil on board ships and consistent implementation to be finalised this year.
‘FONARs remain a tool of last resort and are not something that a ship will be able to use routinely.’
IMO meeting summary update states details of the draft Guidelines and their respective adoption period.
BIMCO shares advice from an interview with a Lloyd’s Register specialist on IMO 2020 transitions.
Key issue on talks should be revolving around ‘human health and the environment’, says Director.
‘We have selected to compete on the basis of vessels’ fuel consumption for the remaining part of our fleet.’
Container shipping industry to likely face a ‘gloomy outlook’ if consumer behaviour unchanged, says BIMCO.