UK Club Soundings: Sulphur Series 03 - 2020 bunker pricing issues March
Under a time charter, the charterer is usually responsible for fuel and the owner for compliance with MARPOL whereas under a voyage charter an owner would generally be responsible for both. Whilst this should make the position more straightforward, one crucial question will be how best to mitigate the potential impact of volatile fuel prices linked to 2020.
Continue reading UK Defence Club's latest Sulphur Series here.
Learn more about this and other cases by visiting the Insights section of the UK Defence Club's website.
You may also be interested in:
The recent High Court judgment in the MV Arctic highlights the importance of maintaining class at all times under a bareboat charter. Read more in UK Defence Club's April Sounding
In this edition of UK Defence Club's “Sulphur Series”, the Club looks in more detail at the practical steps that will need to be taken in order to prepare ships without scrubbers for the switchover to low sulphur fuel on 1st January, 2020. The Club also considers how the allocation of responsibilities and costs related to such steps might be dealt with contractually.