News / Failure to recoup increased low sulphur fuel costs could see lines blanking more sailings

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ID 145502754 © Enrico Powell | Dreamstime.com
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With IMO 2020 0.5% sulphur cap on marine fuel just over 100 days from becoming law a leading shipping analyst has warned shippers that it is vital that ocean carriers succeed in obtaining their interim BAF surcharges.

Container market expert and chief executive of SeaIntelligence Consulting ...

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  • Gary Ferrulli

    September 17, 2019 at 2:38 pm

    Failure to collect additional fuel costs due to the IMO requirements may do a lot more than increased skipped sailings. It could cause further consolidation in the container shipping industry. The carriers made a huge error in not recovering increased costs in 2017/2018, they can’t possibly blunder again? History says they can.

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