Maersk Line is considering converting some of its ships to run on LNG fuel ahead of the International Maritime Organization (IMO) 0.5% sulphur cap regulation due to come into effect in 2020.
Speaking at Maersk’s Capital Markets Day in Copenhagen this week, chief operating officer Soren Toft said the new regulations would be a “game changer for the industry”.
“It will add substantial cost, either in the form of fuel cost or …
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Source: The Loadstar