News Round Up 9 December 2019 – 24 days to 1 January 2020

Shipping Watch: Container rates soar ahead of 2020 Container rates increased 9 percent last week, show data from the SCFI. Jefferies says scrubber retrofits and new bunker surcharges inflate rates, while SeaIntelligence Consulting CEO Lars Jensen mainly sees effects tied to preparations up to 2020.  More https://shippingwatch.com/secure/carriers/Container/article11795129.ece (subscription needed)   Maritime Executive: Nautilus: Mariners Risk … Read moreNews Round Up 9 December 2019 – 24 days to 1 January 2020

China to extend sulfur limitations for bunker fuels along entire coastline

Hunan, China — China is set to tighten its sulfur-limit restrictions for ships by extending the 0.5% bunker fuel sulfur limit from the initially designated Emission Control Areas (ECAs) to the entire coastline, industry sources told Platts. In view of the rising concerns over environmental pollution, tightening sulfur-limit restrictions is no surprise, a Beijing-based coal trader … Read moreChina to extend sulfur limitations for bunker fuels along entire coastline