Compliance with the new IMO 2020 rule is causing various headaches among ship owners. In a recent report, Intermodal said that “as we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to…
Dealing With IMO 2020 Compliance Read More »
For residual fuels, the most widely used specification is ISO 8217 Table 2. The Table 2 specification for sulphur content is stated as per “statutory requirements” and, since 1 January 2020, the global MARPOL sulphur limit is 0.50% with lower limits se…
Are you 95% confident that your very low sulphur fuel is on spec and MARPOL compliant? Read More »
The recent escalation in the unrest between Iran and the US has raised fears of a wider war in the Middle East. Already heightened geopolitical tensions in the region have resulted in a surge in oil prices, with Brent surpassing the $69 per barrel mark…
Risk premium for tankers to soar amid rising tensions in the Middle East Read More »
Drewry Supply Chain Advisors, the ocean freight cost benchmarking and procurement support division of Drewry, is pleased to announce the launch of a new range of fuel advisory and management services designed exclusively for shippers and forwarders. Th…
Drewry launches new fuel advisory services for shippers and forwarders Read More »
2019 could be characterized as an underwhelming year in terms of demolition activity, at least in terms of the comparison between the initial expectations and the end result. However, 2020 could be the year of… redemption. In its first report of …
Shipbreaking Expected to Roar Ahead in 2020, as More Ships Could Head for Demolition Read More »