IMO 2020

Judging a book by its cover, Pablo Rodas-Martini's "IMO 2020: A Regulatory Tsunami" appears to be about the Jan. 1 rule mandating the game-changing global switch to low-sulfur marine fuel. It's actually about something more interesting: the likelihood of a much broader, decades-long,...

What's going on in dry bulk, the world's largest transport market by volume, is a cautionary tale for all ocean segments. The Jan. 1 implementation of IMO 2020, the global switch to low-sulfur marine fuel, is coinciding with a seasonal cargo-demand slump. Because bulker owners and operators must...

Models for how the fuels sector will comply with the dictates of IMO 2020 do not view noncompliance with the rule as some kind of a side problem. The models have it as an actual category. The extent of noncompliance has always been a subject of debate in the models. For the trucking community,...

Good news if you're a shipper of coal, grain and iron ore: Ocean transport is once again looking cheap in 2020. Bad news if you're an owner of a dry bulk carrier: Income at the very start of this year is even weaker for most ships than in early 2019 because fuel costs are much higher in the wake...

New IMO 2020 low-sulfur fuel regulations are a necessary but unwelcome burden for container shipping stakeholders, according to shipper representatives. James Hookham, secretary-general of the Global Shippers Forum (GSF), said importers and exporters faced a wide range of challenges in the early...

IMO2020 is an environmental rule effective January 1, 2020 that regulates how much sulfur a ship can give out in its exhaust. IMO stands for International Maritime Organization; 2020 is the year the rule begins. The IMO is a UN-sponsored agency.  Oil expert, John Kingston and Craig Fuller...

If you want to know what's really happening in ocean shipping, look to what the executives on the front lines of this global business are saying. And when they give an answer that's obviously "talking their book," ignore it and move on to their next response. This year, FreightWaves conducted...

The enforcement deadline for IMO 2020 — the international rule that requires ocean shipping to switch to more expensive low-sulfur fuel — is six days away, on Jan. 1, but the transition to the new fuel type has largely already occurred. Are ship owners and operators successfully passing along the...

The clock is about to strike midnight for ocean shipping. The deadline for IMO 2020 regulation, mandating a game-changing global switch from cheap high-sulfur marine fuel to costly low-sulfur fuel, is now just a few days away – on Jan. 1. IMO 2020 is shaking up volumes and trade flows for both...

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U.S. regulators made a small but important change to federal rules that will allow refineries to sell and distribute to ship owners less expensive marine fuels that still meet the IMO 2020 clean fuel standard taking effect Jan. 1. The new global sulfur limit in marine fuels will be reduced from 3....

If you didn't buy shares of Dorian LPG (NYSE: LPG) a year ago, alas, you missed out on a "three-bagger" — its stock price has gone from around $5 to just under $15. The company transports liquefied petroleum gas (LPG), primarily propane and secondarily butane. It sails a fleet of very large gas...

A recent report by JPMorgan Chase & Co (NYSE: JPM) sees a diesel market reaction coming as a result of IMO 2020, but its tone and forecast are restrained and hint at a market that is on the verge of any sort of spike in prices. In an exhaustive 100-plus-page report published by the team led by...

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This is a crucial time for container lines. Their future financial health relies upon whether or not they can pass along new fuel costs to cargo shippers. Only three weeks remain until the IMO 2020 regulation takes effect. On Jan. 1, all vessels without exhaust-gas scrubbers will have to switch...