Latest news from Heavy Lift & Project Forwarding International Magazine

Insight News from December 2018

Shipping confidence dips thumbnail image

Shipping confidence dips

December 17 - According to the latest survey from international accountant and shipping adviser Moore Stephens, shipping confidence dipped slightly in the three months to end-November 2018 falling to 6 out of a maximum score of 10.
Views: 3015
BIMCO launches bunker clauses thumbnail image

BIMCO launches bunker clauses

December 10 - BIMCO has launched two sulphur content related bunker clauses: BIMCO 2020 marine sulphur content clause for time charter parties; and BIMCO 2020 fuel transition clause for time charter parties.
Views: 3174
MSC readies for additional costs from Sulphur 2020  thumbnail image

MSC readies for additional costs from Sulphur 2020 

December 6 - MSC Mediterranean Shipping Company has estimated that the various changes it is making to comply with the International Maritime Organization’s (IMO) Sulphur 2020 regulations will cost the shipping line in excess of USD2 billion per year. 
Views: 3398
Ports restrict the use of scrubbers ahead of Sulphur 2020 thumbnail image

Ports restrict the use of scrubbers ahead of Sulphur 2020

December 6 - Exhaust gas cleaning systems (EGCS), more commonly referred to as scrubbers, are an accepted way to comply with the upcoming Sulphur 2020 regulations, but several ports have banned the use of open-loop scrubbers in their waters. 
Views: 4147
FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms thumbnail image

FROM THE MAGAZINE: Costs set to rise as Sulphur 2020 looms

December 5 - With the 2020 deadline looming for the IMO’s sulphur cap, the industry is still uncertain about the best path to take for compliance. One thing seems to be assured, however, and that is price hikes for shippers and beneficial cargo owners.
Views: 3332

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