Sulfur cap could grow bunker bill by USD 60 billion annually
The new sulfur regulations will constitute a larger item in the industry with an additional USD 60 every year. Major bunker hubs risk losing business, estimates Wood Mackenzie.
The industry's fuel expenses could rise by USD 60 billion per year in less than two years, estimates consultancy Wood Mackenzie in a new analysis of the global sulfur requirements set to take force in 2020, where the firm assumes that everyone complies with the rules.
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