Transpacific set to see record level of ship capacity in July as rates crash
The transpacific trade continues to descend into something akin to chaos – with major deepsea ...
The IMO’s 0.5% sulphur cap, to be imposed in January 2020, could be a “blessing in disguise” for shipping lines, should the regulatory fallout finally end the industry’s elusive search for supply and demand balance.
However, any benefits will not materialise without short-term pain, according to ...
Comment on this article
vikash
December 18, 2018 at 10:47 pmRunning on LSMGO oil is very good for shipping industry.Life of ship and maintenance will be reduced no need of purifiers , incinerator and also many more good consequences although the operative cost will increase but it is going to impact only buyers not the ship owner the freight rates will definitely increase.
vikash
December 18, 2018 at 10:53 pmBest option is to convert all bunker tank into LSMGO for long term insurance.