Fuel in SECA zone will be 50 percent more expensive

Starting January 1st 2015 ships operating in the Baltic Sea and the North Sea - the SECA zone - will only be allowed to emit 0.1 percent sulphur. The new fuel will cost USD 300 more per ton, says OW Bunker.

A survey performed by ShippingWatch recently among some of the largest shipping companies in Europe showed that most carriers will opt for the more expensive, less sulphurous Marine Gas Oil when the environmental regulations regarding less sulphur in shipping come into force on January 1st 2015 in the Baltic Sea, the North Sea, and the English Channel, the so-called SECA zone.

But at a high price.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

HMM doubled revenue in Q1

South Korean container line HMM follows the trend of European competitors, which have already presented their first-quarter financials. Revenue doubled in a significant surge.

Further reading

Related articles

Latest news

See all jobs