Tankers adjusting to new sulfur rules

摘要

London—As the shipping industry starts implementing the new SECA (Sulfur Emission Control Area) regulations, there’s a lack of standard for the representation of freight rates in charter-party agreements. The biggest adjustment has come in the clean tanker market, where Worldscale freight rates have been significantly altered by the regulations. “There is a search for one universal way to tackle the ECA expenses,” said a clean shipowner.