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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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  5. Asia-Europe box lines cut capacity by a third
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BIFA - Industry News

Ocean freight customers face significant fuel price rise next month

Shippers and freight forwarders are preparing to help carriers cover the extra cost of next year’s cleaner, low-sulphur fuel from next month, for which prices look set to be around 34-38% higher...

IMO pushes forward with work to meet ship emission reduction targets

The IMO Intersessional Working Group on Reduction of GHG Emissions from Ships has made significant progress in pushing forward with work to help achieve the ambitious targets set out in the initial...

Freight association Director General wins Lifetime Achievement Award

Keen was presented with his trophy by comedian Tom Allen at a glittering awards dinner at the Lancaster Gate Hotel in London’s West End on November 14th. He joined the industry in 1970 and worked...

Rail Freight Group Lays Down its Blueprint for the Future

It is not just those fighting an election these days who issue a manifesto. The Rail Freight Group (RFG) has set out its priorities for the new Government and called on all Party leaders to include...

US FMC's proposed D&D Rule divides shipping industry

https://www.federalregister.gov/documents/2019/09/17/2019-19858/interpretive-rule-on-demurrage-and-detention-under-the-shipping-act Public comments, submitted by different parties in the logistics...

September Air Freight Volumes Remain Weak

Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 2.1% year-on-year in September 2019. Capacity growth has now outstripped demand growth for the 17th consecutive...

BIFA Young Forwarder Network set for Anglian launch

The Anglia regional group with be launched on November 13th at Ipswich Town Football Club, joining regional groups that have already been established in the Midlands, North West, London East and...

Heathrow cargo consolidation

From research they carried out last year, 69% of vehicles delivering cargo to the Horseshoe had a declared load factor of 50% or less and 51% of vehicles arriving at the site to collect cargo...

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