• Shippers question new sulphur cap surcharges The early introduction of sulphur cap surcharges imposed by some leading container shipping companies has led to complaints of unfair practice by shippers’ associations in Asia and Europe. The International Maritime Organization is set to implement the new sulphur limit on 1 January 2020, but there is consternation from freight buyers that they are already […] Fwd News 0 Comments January 9, 2019
  • Taiwan introduces low sulphur cap early In November, Taiwan’s Ministry of Transportation and Communications issued new guidance advising that, from 1 January 2019, vessels entering certain ports in Taiwan would be required to comply with the IMO’s 2020 global regulation that caps fuel sulphur content at 0.5%. This is a full year earlier than the IMO’s deadline, which some shipowners are already struggling […] Fwd News 0 Comments December 19, 2018
  • Shipping has its ‘Kyoto’ moment in 2018 Undoubtedly, how shipping manages its environmental footprint was this industry’s news story of the year. 2018 was the year where regulators finally gave shipping its ‘Kyoto’ moment – demanding vessels slash their carbon footprint in half by 2050 compared to 2008 levels. With ships trading for 25 years, what this new ruling means is that […] Sam Chambers 0 Comments December 12, 2018
  • Sulphur cap creating uncertainty and confusion From 1 January 2020, the International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content. This new cap is in response to environmental concerns, specifically the emission generated by the shipping industry. We are now past the halfway point between the announcement and the 2020 deadline. The cap was announced […] Fwd News 0 Comments October 24, 2018
  • Pragmatism key to sulphur cap adoption When discussing the impending global 0.5% sulphur cap and what will happen come 1 January 2020, it’s useful to recall that timing the introduction of new regulations has never been the forte of the International Maritime Organization (IMO). The Ballast Water Convention, for all intents and purposes to be in force from 2024 was originally […] Mike Grinter 0 Comments June 27, 2018