Mixed fortunes for box ship owners as the year ends and a greener era looms
The containership charter market is ending 2019 on a mixed note, according to Alphaliner’s final ...
The Indonesian government appears to have made a complete u-turn on its announcement last month to allow its flag-state vessels to continue to consume fuel with a 3.5% sulphur content after the IMO’s 0.5% sulphur cap comes into force on 1 January.
According to Reuters, Indonesia’s ministry of transportation has confirmed that IMO 2020 requirements will apply to “all Indonesian-flagged vessels starting 1 January 2020, both for domestic and foreign shipping”.
The same government ministry just three weeks ago suggested that, because ...
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