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Read all the latest news about Global Sulfur Cap. ShippingWatch gives you independent, credible, critical and fair news.

Low sulfur fuel trading begins on stock exchange

Contract prices on low sulfur fuel will become a commodity on the US New York Mercantile Exchange from mid-December, report several media. The price difference between heavy fuel and low sulfur fuel is a major subject of in the industry.

Parties behind controversial sulfur proposal issue response

Marshall Islands, Bahamas, Bimco and Intertanko feel misunderstood and are now trying to argue their case after facing tough criticism of the proposal to introduce an "experience-building phase" in connection with the 2020 sulfur regulations. However, the proposal has already divided maritime nations.

Maersk and Torm criticize controversial sulfur proposal

Both Maersk and Torm are against the proposal for an "experience building phase" in connection with the global sulfur cap from 2020. This would create "uncertainty" and could risk "delaying the implementation" of the regulation, says Simon Bergulf, head of regulatory affairs at Maersk.

China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country imposes stricter sulfur regulations from next year. Meanwhile, a large, German shipping company has just invested in open-loop scrubbers, which have faced harsh criticism in the industry.

Odfjell decides against scrubbers

Odfjell will not be installing scrubbers in order to meet the upcoming sulfur regulations taking effect Jan. 2020. The carrier has chosen another path, says CEO Kristian Mørch to several media.

China tightens sulfur regulations on key trade route

From Oct. 1, China will require that vessels sailing on the crucial trade route along the Yangtze river sail on fuel with maximum 0.5 percent sulfur. This is three months earlier than expected, reports North P&I in an update to customers.

Vale picks scrubbers for its new generation of bulkers

Brazilian mining giant Vale has chosen scrubbers for its newest generation of bulker behemoths, even though the company is also prepared to sail on LNG. It is possible retrofitting will take place with other sections of Vale's existing fleet, reports TradeWinds.

Ardmore's deficit grows in strained tanker market

The Irish tanker shipping company finished the second quarter with a bigger net deficit in a product tanker market struggling with record-low rates. One factor in particular could help the market get back on track in the years to come, says CEO Anthony Gurnee.

Global sulfur rules could prolong bulk recovery

The bulk recovery could be extended due to the new global sulfur rules taking effect from 2020, says investment bank J.P. Morgan. Two bulk carriers in particular have bright prospects, according to the bank.

Shipping associations propose new sulfur plan for IMO

Several of shipping's largest associations have submitted a series of proposals to the IMO for how to enforce the sulfur requirements that will come into force on Jan. 1 2020. The new rules are allegedly far more complex than previous ones.

Teekay Tankers opts for distillates to meet sulfur requirements

Major tanker carrier Teekay Tankers has announced that it will sail on distillates in order to comply with the international sulfur requirements when they come into force on Jan. 1, 2020. A large part of the world's carriers have yet to decide how to approach the sulfur cap.

IMO supports global sulfur ban

A majority in the IMO is backing a ban on carrying illegal fuel on board vessels from 2020. The ban will need to be formally adopted in October and the broad support suggests that it will likely become a reality in March 2020.

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