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International Containers Market Insight

Rush to be ‘low-sulphur ready’ could trigger box charter rate surge

As shipowners move to meet IMO requirements ahead of the 2020 sulphur cap, fears grow over a shortfall of available spot charter tonnage. With ships pulled from service to be retrofitted for scrubbers or have engines cleaned to burn low-sulphur fuel, rates could spike as operators fight from a limited pool

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Analysts and brokers are forecasting a surge of up to 30% in some sectors

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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