Whitepaper: Freight Rates May Rise Due To IMO 2020

Capt. John
  • Carriers and shippers are bound to face uncertainty due to IMO 2020 regulation because fuel costs constitute over 50% of operating expenses.
  • Seabury Maritime published a white paper on March 4th, in cooperation with Gemini Shippers Group,providing statistics.
  • It expects an increase of USD 600 in present costs of shipping a container from China to the USEC.
  • Several factors affecting a carrier’s calculation of the fuel surcharges make transparency extremely important to build trust.

Carriers and...

http://mfame.guru/whitepaper-freight-rates-may-rise-due-to-imo-2020/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon