Smaller vessels bound for the scrapheap as capacity mismatch widens
The box shipping fleet has reached its highest average age since records began, according to ...
By Mike Wackett
BIMCO has published two IMO 2020 clauses for inclusion in charter parties relating to the content of bunkers after 1 January 2020, covering the transition from 3.5% sulphur content heavy fuel oil (HFO) to 0.5% low-sulphur fuel (LSFO).
The world’s largest shipping association, which counts over 65% of global tonnage within its membership, said it was also setting up a working group to examine if an exhaust gas cleaning system (scrubber) clause would be required.
Scrubber technology, which acts as a mini onboard refinery ...
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