{"id":903,"date":"2019-10-16T07:39:45","date_gmt":"2019-10-16T14:39:45","guid":{"rendered":"https:\/\/www.easyhaul.com\/blog\/?p=903"},"modified":"2025-11-07T07:45:56","modified_gmt":"2025-11-07T15:45:56","slug":"ocean-fuel-rates-are-about-to-go-up-in-2020","status":"publish","type":"post","link":"https:\/\/www.easyhaul.com\/blog\/2019\/10\/16\/ocean-fuel-rates-are-about-to-go-up-in-2020\/","title":{"rendered":"Ocean Fuel Rates Are About to Go Up In 2020"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><a href=\"http:\/\/www.imo.org\/en\/About\/Pages\/Default.aspx\" rel=\"nofollow\"><span style=\"font-weight: 400;\">International Maritime Organization<\/span><\/a><span style=\"font-weight: 400;\"> (IMO) set a deadline for the mandatory use of new low-sulfur fuels across the global maritime fleet. The new regulations will enter into effect on Jan. 1, 2020, and are expected to become a major factor in the reduction of the environmental footprint of the world\u2019s ocean freight carriers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Shippers, however, expressed concerns about the limited supply of new fuel sources that can result in price risings. Marine consultants note that switching to marine gas oil is a pretty costly solution that will probably be followed by a serious increase in freight rates.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Still, the IMO warned vehicle transportation companies about strict monitoring of their compliance with new regulations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It also was noted that ships can keep on using cheap high-sulfur fuel oil if they install emission abatement technology or scrubbers. However, the majority of vehicle transportation companies and providers won\u2019t be able to do so in time, as the 2020 deadline gets closer and the equipment itself is expensive. For many carriers, outfitting older vessels with scrubbers simply isn\u2019t worth the cost.\u00a0<\/span><\/p>\n<h2 style=\"text-align: center;\"><b>Will that influence EasyHaul customers?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Since <\/span><strong><a href=\"https:\/\/www.easyhaul.com\/register\">EasyHaul<\/a><\/strong><span style=\"font-weight: 400;\"> collaborates with various shipping lines, new regulations regarding using expensive low-sulfur fuels may impact customers in terms of pricing. Shipping services, however, will remain the same high-quality level. To get a shipping quote for your transportation needs, use our<\/span><a href=\"https:\/\/www.easyhaul.com\/\"><span style=\"font-weight: 400;\"> online calculator<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Maritime Organization (IMO) set a deadline for the mandatory use of new low-sulfur fuels across the global maritime fleet. The new regulations will enter into effect on Jan. 1, 2020, and are expected to become a major factor in the reduction of the environmental footprint of the world\u2019s ocean freight carriers. Shippers, however, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":910,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_has_post_settings":[],"footnotes":""},"categories":[223,29,226],"tags":[252],"hashtags":[],"class_list":["post-903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-costs-insurance-contracts","category-international-vehicle-shipping","category-logistics-industry-insights","tag-car-shipping-cost-calculator"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ocean Fuel Rates Are About to Go Up In 2020 - EasyHaul Blog<\/title>\n<meta name=\"description\" content=\"The IMO warned vehicle transportation companies about strict monitoring of their compliance with new regulations regarding the use of low-sulfur fuels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.easyhaul.com\/blog\/2019\/10\/16\/ocean-fuel-rates-are-about-to-go-up-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ocean Fuel Rates Are About to Go Up In 2020 - 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