Regulation – Page 437

We4Sea: IMO Rule to Boost Fuel Costs by Up to 50 Pct

In less than 200 days the IMO’s sulphur cap would introduce a surge of up to 50% in fuel costs, We4Sea said.

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A new biofuel is being piloted with select Maersk customers engaged in sustainable solutions.

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The main concern for most ports is impact on sediments in harbour areas and enclosed waterways, Simmonds said.

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Six Scandinavian and one Turkish yard have been included.

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Major shipping banks will integrate climate considerations into lending decisions to incentivize decarbonization.

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