Post Tagged with: "Shipping regulation"

New shipping regulation may push fuel cost to $70b yearly

New shipping regulation may push fuel cost to $70b yearly

Maritime November 7, 2018 at 1:18 pm Comments are Disabled

Concerns are rife that the new shipping policy of the International Maritime Organisation (IMO) will spike the cost of fuelling ships to about $70 billion yearly.The 2020 sulphur regulation, which will ban ships from using any marine fuel with sulphur content above 0.5 pct effective January 1, 2020, may imposeRead More