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MSC: Sulfur requirements will cost us more than USD 2 billion a year

The decision to implement global sulfur requirements in 2020 will cost container carrier MSC more than USD 2 billion anually. The new environmental requirements put significant pressure on container carriers, says CEO Diego Aponte.

Photo: MSC

It is an expensive ordeal for container shipowners that global sulfur requirements will now be implemented in 2020, says MSC, the world's second-largest container carrier and half of the 2M alliance with Maersk Line, on the day after the global sulfur directive was adopted by the IMO.

The industry has always known that it would be a great expense when sulfur requirements were to be implemented, but now the Swiss container carrier lays out the actual numbers.

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