Hamburg-based Hapag-Lloyd will apply a sulfur transition charge to short-term contracts to offset the additional costs from complying with the International Maritime Organization’s (IMO)…
Shipping groups call on all countries to fully implement IMO 2020
The shipping industry is urging the strict and full implementation of the fuel sulfur cap, saying it found “disturbing” the reports that some countries…
IMO asked to take measures to address sulfur cap implementation issues
With the January 1, 2020 deadline for the sulfur cap approaching, the United Nations International Maritime Organization (IMO) should take measures to address expected…
Shipping seeks standard procedure for non-compliant fuel use
The Baltic and International Maritime Council (Bimco) and other organizations are working closely with the International Maritime Organization (IMO) to ensure a standard procedure…
Maersk unveils new fuel adjustment surcharge ahead of 2020 sulfur cap
A.P. Moller-Maersk will introduce a new Bunker Adjustment Factor (BAF) surcharge by early next year to enable its container shipping operations to recover the…
