Global shipping fleet braces for chaos of $60bn fuel shock

//Global shipping fleet braces for chaos of $60bn fuel shock

Global shipping fleet braces for chaos of $60bn fuel shock

By | 2017-04-06T16:42:07+00:00 April 6th, 2017|feed news|Comments Off on Global shipping fleet braces for chaos of $60bn fuel shock

Now there’s a headline from Bloomberg, via gCaptain, that should make you sit up and take notice. A few years ago the European Union introduced its sulphur emission control area (SECA) which dramatically reduced the amount of sulphur content in ships’ fuel. The IMO has adopted similar rules for global shipping – in 2020 all vessels will have to burn fuel with a maximum sulphur content of 0.5%, compared with today’s proportion …

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