News / Scrubber retrofitting driving a spike in the charter market

Cape Pioneer
Pic: Hanjin Heavy Industry & Construction Co
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Ocean carriers are biting the bullet and agreeing charters for significantly higher daily rates as markets tighten ahead of IMO 2020.

The IMO’s maximum 0.5% sulphur content regulation for maritime fuel becomes law in less than 120 days and is widely seen as a ‘game-changer’ for ...

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