Comment: peering through the smoke – container shipping's EEXI quandary
While the implications of the EEXI [Energy Efficiency Existing Ship Index] for the containership fleet ...
At the beginning of 2015, new shipping emission regulations entered force in some US and EU waters which reduced the allowable SOx content of vessel fuel emissions from 1% to 0.1%. Shipowners and operators had previously predicted financial armageddon in those waters, as the price of traditional heavy fuel oil was at least twice that of the cleaner marine gas oil. With precipitously falling fuel prices during the year that differential ultimately didn’t matter so much. But these two pieces of legislation, derided by shipowners and welcomed by environmentalists in equal measure are now set to be extended globally, at least partially – the International Maritime Organization (IMO) is meeting London later this month to discuss a global cap on the SOx content of bunker fuel from 3.5% to 0.5%. However, this time increasing numbers of states, and China is among them, want to see action.
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China trade surplus under threat as peak season collapses and demand cools
More blank sailings on the cards as ocean spot rates continue to tumble
Shipping lines' move to become integrators 'a compliment' to air freight
New talks at ACAS a last-ditch bid to prevent disruptive strike at Felixstowe port
Rant radar: Here's the 'go to hell' message to forwarders
Port congestion driving more shippers to China-Europe rail and road options
Air cargo industry still eyeing a peak season, despite losing in-cabin capacity
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