Widespread blanked sailings stave off major collapse of transpacific rates
Spot rates across all the major east-west deepsea trades continued their downward descent this week, ...
The true cost of IMO 2020 compliance has yet to be proven, but with the spread between 0.5%- and 3.5%-sulphur fuels currently at over $300 per tonne in Rotterdam, only carriers that have installed scrubbers will be rubbing their hands with glee.
But for the others, the question that has dominated the market over the past few years continues to rings true: who will shoulder these increased costs and how will they be passed down the supply chain?
A carrier source said ...
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