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

Doubling in prices on new fuels could impact shippers

In the past three months, the price on new low-sulfur fuels has risen markedly, which could lead to container lines implementing higher fuel surcharges if the trend continues, assesses analyst firm Sea-Intelligence.

This week's top stories on ShippingWatch

J. Lauritzen is challenged by excessive sulfur in new fuels, Global Risk Management opens new offices and reshuffles management, while a shipping CEO thinks the industry is unprepared for climate-related challenges. These are some of this week's most important stories on ShippingWatch.

Shipping companies are eying biofuel

Since Goodfuels signed up shipping company Norden as a biofuels customer, the pace has quickened for the company. Large oceangoing carriers are next in line, says founder and CEO in an interview with ShippingWatch.

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.

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