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BANCOSTA Weekly Market Report

Banchero costa Weekly Market Report Week 40/2018 (1 October 5 October) Comment: Refineries plans for IMO 2020 index comment page 2 chartering dry cargo 3 tankers 6 containers 8 sale & purchase newbuildings / finance 9 secondhand / demolition 10 commodities news 11 prices 13 banchero costa network chartering - sale&purchase - ship finance - insurance - agency - research - and Follow us on: comment banchero costa 2 Market Report - week 40/2018 Questions remain ahead of IMO 2020 In recent weeks, IMO 2020 has dominated headlines as the deadline draws ever closer, and the intentions of major shipowners become clearer on whether to install scrubbers or rely on low sulphur fuels come 2020. The scale of the issue is staggering, with the consumption of percent high sulphur fuel oils (HSFO) by the global shipping fleet estimated at million barrels per day (bpd) at present.

dry cargo chartering banchero costa The USG market kept improving from early September both for Handysize and Supramax. A short tonnage list compared to a long list of cargoes makes pretty easy to predict an improving market moving forward.

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