A ban on sailing with heavy fuel oil in fragile regions such as the Arctic needs to be settled now, say several NGOs calling on the IMO. The Arctic and several other topics are on the agenda in London this week.
High-sulfur fuel prices have seen "unprecedented" fluctuations and have gone down in major ports Rotterdam and Singapore this year. The price spread to low-sulfur fuel could increase further next year, but Maersk CEO says the shipping company is well positioned.
Maersk has picked three eco-friendly fuels, which for now look like the best alternatives to the current bunker fuel oil, says the shipping company's sustainability chief in an interview with Berlingske.
If shippers play their cards right, they can benefit from significant differences in how sensitive the major liner companies' bunker adjustment factors are to oil price fluctuations, notes Seaintelligence.
Several shippers have criticized the new fuel surcharge for container carriers, which must meet the sulfur regulations from 2020. Historically, shippers have been naturally suspicious when carriers call a surcharge fair and transparent, Global Shippers Forum criticizes.