News

China has (so far) this year replaced Japan as the biggest builder of bulk carriers, while South Korea has usurped China by taking the most new orders for tankers since January 1.

Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% sulphur will be imposed on marine fuel for vessels trading internationally. That was the headline finding of a new survey conducted by CE Delft on behalf of Exxonmobil.