More shipping lines join the 2020 sulphur cap fuel surcharge bandwagon….
Categories Maritime, News, Opinion, Press Release, Shipping, Trade, Vessel Operation 4 Comments Estimated reading time = 4 minutes
Currently the bunker fuels used in all modern commercial ships have a high content of sulphur which is quite harmful to the environment..
The current global limit for sulphur content of ships fuel oil is 3.50% m/m (mass by mass)..
The IMO has been working to reduce harmful impacts of shipping on the environment since the 1960’s and as from 1st of Jan 2020, has implemented regulations that sets the new global limit on the sulphur content at 0.50% m/m..
IMO has advised several methods through which ships can meet lower sulphur emission standards, which obviously comes at a cost.. Read and share your comments on how these new costs may affect you..