ShippingWatch

Shippers far from agree on support for added sulfur charge

Several of the world's largest shipping lines, such as Hapag-Lloyd and Maersk, say that customers seem to accept the extra cost of low-sulfur fuel oil. ShippingWatch has spoken to one of the world's largest shippers, which far from agrees.

If one asks the major liner companies, their customers have largely accepted the extra cost resulting from switching to the more expensive low-sulfur fuel.

At least according to the CEOs of Hapag-Lloyd and Maersk, Rolf Habben Jansen and Søren Skou, when ShippingWatch spoke to them at the important TPM conference in Long Beach a couple of weeks ago, where contract negotiations for 2019, and into 2020, begin for real.

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