- Details
- Category: Issue 3
By the end of the coming year, 25 new cruise ships will be in service. Another 19 will come into service in 2020 and 20 more in 2021. In total: 64 new cruise ships in 36 months. The average size of each ship is 97,726
- Details
- Category: Issue 3
Maersk Line expects to spend more than 2 billion USD to meet the IMO sulphur limit. The line said it would introduce a new Bunker Adjustment Factor (BAF) surcharge on January 1, 2019 to recover costs related to
- Details
- Category: Issue 3
CMA CGM has indicated that the cost for its complying with the IMO global 0.5% sulphur limit will be approximately 160 USD/teu. It said the cost would be absorbed by an adjustment to customers’ fuel surcharges. The company plans to meet the IMO standard by supporting lower-sulphur fuel, using liquefied natural gas in future vessels and equipping some ships with scrubbers (technology that cleans heavier fuel). —