If you have not started planning the process of switching your ships from running on high sulphur fuel (HFO) to compliant low sulphur fuel oil (LFSO) for IMO 2020 you need to do it today, was the message at a Wilhelmsen Ship Management (WSM) breakfast seminar in Singapore on Thursday.

The filing for court receivership by Hanjin Shipping on 31 August was the biggest bankruptcy ever seen in container shipping and has sent shockwaves through industry and the global supply chain.