Nobody seems to have a well-documented explanation for where the bad bunker currently plaguing the shipping sector really comes from. Meanwhile, each day brings a new case of damaged engines. A Norden ship is the latest to report issues with bad bunker.
Bunker prices alone are not responsible for container carriers' losses in the first half of 2018. The carriers themselves have not done enough to reduce capacity, says analyst firm Alphaliner. Evergreen tops the list with a huge order book.