IMO 2020

It will not have escaped your attention that from January 1, 2020, things will change in the field of bunker oil for liner shipping. At this moment seagoing vessels can still use fuel that consists of 3.5 percent sulfur, from January 1, 2020 the limit will be 0.5 percent. This means that ships are no longer allowed to sail on heavy fuel oil, but that a certain type of more refined fuel must be used.

This is good news for the environment and health, but a considerable cost item for shipping companies as well. The production costs of the 2020 fuel are a lot higher. The shipping companies will therefore start calculating additional fuel surcharges on the ocean freight.

Unfortunately, we do not yet exactly know how much these extra costs will be. We think it is important to draw your attention to the fact that this is imminent. As soon as there is clarity about the amount of this Environmental Fuel Fee (EFF), we will get back to you.

We assume that we have provided sufficient information, but if there are any questions, please do not hesitate to contact us.

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