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IMO 2020 Fuel Legislation

IMO 2020 Fuel Legislation: Update

 From 1st January, 2020, a global regulation will come into force changing the type of fuel all shipping lines must use.

The aim of the regulation is to reduce air pollution from ships. Whereas today ships can use fuel with up to 3.5% sulphur content, the new global sulphur cap will be 0.5%. Currently the cost of 0.5% sulphur fuel is higher than that of the present fuel used by the industry. This additional shipping cost will impact on fuel surcharges as from December 2019 as the ocean carriers begin to purchase this fuel in order to be compliant on 1st January 2020.

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China’s waste import changes impacting freight sector

New Chinese restrictions on imported waste, introduced since 1 January, are set to have significant implications for the international freight transport, logistics and supply chain sectors – particularly for backhaul east-west intercontinental container shipping trades, although the changes are also likely to lead to rising costs to supply chains from higher packaging costs.

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  1. AAI Group Winners at local business awards
  2. Container shipping is lightening
  3. AAI Group nominated at the Global Freight Awards 2017
  4. Why Insure Cargo?
  5. Asia-Europe box lines cut capacity by a third
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BIFA - Industry News

Stakeholders in the Maritime Logistics Supply Chain urge the Commission to reconsider its decision and to proceed to a proper objective evaluation of the Consortia BER

The EU’s Consortia Block Exemption Regulation for liner shipping exists since 1995 and was revised in 2010. Since then, it has been renewed, without modifications, every five years. The Commission’s...

Ade Adepitan reveals winners of UK freight industry ‘Oscars’

At a glittering awards ceremony, host Adepitan announced eight winners from the 33 freight forwarding companies that were shortlisted as finalists, as well as three individual award winners. The...

BIFA warns of looming deadline for Customs grant scheme applications

Originally announced by the government in October 2019, the scheme represents an additional round of funding for employee training and IT improvements for customs intermediaries, traders and...

Freight forwarders stand to benefit from wider access to Government apprenticeship service

Robert Keen, Director General of the trade association for the UK’s freight and logistics industry, explains that 90 percent of BIFA corporate members are small to medium size enterprises (SMEs)...

Container Shipping: Same again

A new year raises the usual questions about how carriers will handle the introduction of big new ships and their impact on the industry’s precarious supply-demand balance. The unadjusted orderbook...

Air Freight Demand Down 1.1% in November 2019

Despite the decline in demand, November’s performance was the best in eight months, with the slowest year-on-year rate of contraction recorded since March 2019. In part, November’s outcome reflects...

Heathrow expansion

Heathrow outlines timeline for submission of expansion planning application towards the end of 2020 The airport announces it will hold further public consultation to finalise airport expansion...

Advice for global shippers on managing surcharges for low sulphur fuel

GSF’s ‘Top Ten Tips for Sulphur-Surcharged Shippers’ highlights the fundamentals of the new rules that all vessels will now be required to meet in all parts of the world. But it also encourages...

Archived News

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