Drewry: Unease among global shippers/BCOs and freight forwarders rising ahead of IMO’s 2020 rule.
Drewry
Drewry: 2020 sulphur cap reveals concerns about fuel cost transparency
According to a survey conducted by Drewry, there is a significant concern among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO’s 2020 global emissions regulations, which will enter into force on 1 January 2020.
Particular concern was expressed about carriers’ methods of fuel cost recovery with 56% stating that they did not consider their service providers’ existing approaches as either fair or transparent.
In addition, 4 in every 5 of the shippers/BCOs...
https://safety4sea.com/drewry-2020-sulphur-cap-reveals-concerns-about-fuel-cost-transparency/
Shippers are being ‘left in the dark’ as carriers look to recover IMO 2020 costs
There has been insufficient mainstream publicity on the IMO’s 2020 global emissions regulation for shipping, and a lack of transparency by container lines on their recovery strategies.
These are the worrying conclusions of a review by maritime consultant Alphaliner and a shipper survey by Drewry Supply Chain Advisors.
It has been estimated that the cost of compliance with the IMO’s 0.5% sulphur cap on fuel from 1 January 2020 could be a $15bn annual …
The post Shippers are being ‘left in the...
https://theloadstar.co.uk/shippers-left-dark-carriers-look-recover-imo-2020-costs/
IMO 2020 Low-Sulphur Rule Exposes Widespread Concern About Lack Of Fuel Cost Transparency – Drewry
There is considerable unease among global shippers/BCOs (Beneficial Cargo Owners) and freight forwarders ahead of the IMO’s 2020 global emissions regulations, due to come into force on 1 January 2020, according to a survey conducted by global shipping consultancy Drewry.
Particular uncertainty and concern was expressed by respondents in both the survey and follow-up interviews about carriers’ methods of fuel cost recovery with more than half of all respondents (56%) stating that they did not...
Drewry: Asia to Middle East, South Asia Trade Sees Weak Demand
Demand from Asia to the Middle East and South Asia is in a steep decline, according to Drewry.
Drewry, World Container Index – 27 Sep
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia, is down by 0.2% to $1,721.17 per 40ft container (updated Thursday, 27 September 2018).
Two-year spot freight rate trend for the World Container Index:
World...
http://container-news.com/drewry-world-container-index-27-sep/
Drewry: More Service Cuts Needed to Revive Asia-Europe Corridor
Drewry: Another service cut in Asia to North Europe corridor would help the spot market gain traction.