News / Shippers must share the financial impact on carriers of IMO 2020 compliance

IHS Markit

The implications for carriers and BCOs of the IMO low-sulphur regulations that come into force in less than 10 months have dominated this week’s JOC TPM Conference in Long Beach

Normally the annual event, this is the 19th, marks the start of annual contract rate negotiations on the transpacific, but this year the spectre of IMO 2020, and  how the greener fuel is to be paid for, has overshadowed all other topics.

Shippers have admitted to not trusting the carriers, which know ...