Boxship sector faces IMO 2020 liquidity calls
Even with the protection afforded by bunker adjustment factors, large boxship companies need liquidity to tide over the recovery of higher fuel costs. S&P Global Ratings also warns of a two-tier market favouring scrubber-installed carriers in the dry bulk, tanker and gas shipping segments
Larger boxship players, which are better-placed to pass on higher fuel costs through bunker adjustment factors, may still need the buffer of excess liquidity as fuel costs are expected to rise
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792