Investors are increasingly concerned that, with only 18 months to go until the IMO’s 0.5% sulphur cap regulations, container lines still have no clear strategy on how they will comply, and how the change will be paid for.
This ‘wait and see’ approach is regarded as a red flag by investors who worry that the lines will stumble into the default solution, in January 2020, of burning the 50%-more-expensive low-sulphur fuel oil (LSFO) in their ships without …
The post Investors worry as major box lines still falter on strategy for low-sulphur laws appeared first on The Loadstar.
Source: The Loadstar
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