Download our special shipping report: Into the storm
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The effective date for the IMO 2020 regulation is approaching fast with the new sulfur cap of 0.5% on marine fuels promising to displace more than 3 million b/d of high sulfur fuel.
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Fuels compliant with the 0.5% limit are more expensive than the traditional high-sulfur bunkers.
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Even with moderate projections, the bills for ship owners are indicated to be hefty, running to tens of billions of dollars extra a year for the sector
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The question then is – Can the shipping sector absorb these extra costs itself?
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Read our report to learn that with the cost of doing business looking certain to rise under the new regulations what are various pricing & operational tools available to help mitigate the impact of increased costs.
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