Containership industry participants see a year of disruption and challenges ahead as the sector prepares for compliance with 2020 fuel rules.
Some challenges will bring opportunities for shipowners and operators, as the IMO sulphur cap brings service disruptions and ship demolition that could boost rates, as industry executives explain in TradeWinds' annual survey of outlooks for the year ahead.
But other challenges bring risk, such as facing up to the need to recover the cost of compliance and to prepare a contractual framework for the new IMO 2020 reality.