Maersk Line expects billions in costs from new sulfur directive
At Maersk's container carrier alone, the new IMO requirements for less sulfur in fuel from 2020 will results in costs totaling billions of dollars, Maersk Line tells ShippingWatch, calling for methods to enforce the global sulfur directive.
The IMO's decision to implement a global sulfur cap of 0.5 percent for ship fuel in 2020 is now resounding throughout the industry. Maersk Line's alliance partner MSC projects that the directive will cost the carrier USD 2 billion annually, and Maersk Line similarly expects huge additional costs.
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IMO agrees on global sulfur directive from 2020
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