Ocean carriers hold contract rates 'at a decent level', as spots tumble
While spot rates across the major deepsea trades have been on the decline since the ...
By Mike Wackett
The decision by shipowners to invest in retrofitting their vessels with scrubber systems in order to comply with IMO 2020 appears to have been vindicated, according to Alphaliner.
The spread between the cost of heavy fuel oil (HFO), currently consumed by ships in most of the world’s sea lanes, and the 0.5% low-sulphur fuel oil (LSFO), that will be burned by the majority of vessels for compliance with IMO 2020 is becoming clearer, said the consultant.
According to data compiled by Alphaliner, ...
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