With the deadline looming for the new IMO regulations reducing vessel sulphur dioxide emissions, new research suggests that fuel costs for shippers on the Asia-Europe trades could rise as much as 50%.
The International Maritime Organization’s sulphur regulations will come into force on 1 January and see the sulphur content of ship fuel reduced to 0.5%.
It will force ship operators to choose between using more refined marine gas oil (MGO) instead …

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Source: The Loadstar