Futures traders are expressing growing disquiet about the Baltic Exchange’s plans to tweak its existing dry time charter indices to reflect the impact of the IMO’s incoming regulatory change to cap vessels’ sulphur emissions from 2020 ahead of a planned meeting in London tomorrow.

The concerns follow a September working group meeting in Copenhagen run by the Baltic, which outlined that the Exchange wants to move to calculate dry indices on the basis of a vessel using compliant 0.5%