Carriers cancel low-sulphur surcharges as fuel prices drop – along with demand
Container spot rates from Asia to Europe remained stable this week and, having withdrawn around ...
London-based dry cargo association Intercargo has warned of its “growing concern” at the “magnitude of the challenge” ahead for shipowners and operators with the IMO’s 0.5% sulphur cap on marine fuels coming into force on 1 January.
“It is extremely worrying that compliant fuels have so far been made available only in a limited number of ports and under unfavourable terms for voluntary early testing by ships,” said Intercargo.
It added that charterers and operators were currently not obliged to make purchase ...
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