Shipping: Hapag-Lloyd Expects Usd Ane Bn Inwards Extra Fuel Costs From 2020 Sulphur Cap

From World Maritime News, Sept. 4:

German liner society Hapag-Lloyd is facing unopen to USD one billion of extra fuel costs stemming from the new sulphur regulations entering into forcefulness inwards 2020.

Speaking at today’s TradeWinds Shipowners Forum, beingness held equally purpose of SMM merchandise fair program, Rolf Habben Jansen, CEO of Hapag-Lloyd, said that the fuel costs volition ascent significantly due to the enforcement of the 2020 sulphur cap.

“We get got a existent occupation inwards our hands, as well as nosotros require to figure out what are nosotros going to create most it,” Jansen said.

Hapag-Lloyd revealed inwards its half-year results for 2018, that it was preparing ii airplane pilot projects equally a means of getting ready for the sulphur cap.
Namely, the society is testing scrubbers on ii large containerships as well as exploring the benefits of LNG equally fuel.

The testing of scrubbers is laid to accept phase inwards the outset of 2019, as well as based on the results, the society may determine to invest into the applied scientific discipline a combat more.
But inwards the end, Jansen estimates that at that topographic point volition a pocket-size pct of ships inwards the global fleet amongst installed scrubbers on board past times 2020.

As for the LNG, Jansen said today that the society was exploring the potential of retrofitting some of the boxships acquired through the merger amongst United Arab Shipping Company. UASC has a serial of seventeen 15,000 TEU vessels that are LNG-ready....MORE

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