© Stephen Coburn |ship fuel control

As transpacific ocean carriers approach a new season of contract negotiations with BCOs, supply chain advisors at Drewry are offering advice to help shippers navigate the impact of the new fuel surcharges.

If they are to survive, ocean carriers must be compensated for the extra cost of using low-sulphur fuels, a result of the IMO’s 0.5% sulphur cap regulations which come into force on 1 January 2020.

And several carriers have warned of the serious impact on services if they are unable ...

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