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Seaintel: Customers alone can pay the sulfur bill

Maritime analyst firm Seaintel believes that container carriers' customers will have to cover the extra expenses when the global sulfur cap takes effect. No other party can, says Seaintel.

Photo: Aarhus Havn

An annual bill in excess of USD 10 billion aimed at an industry earning less than USD 4 billion can only be passed on to one party — the customers. This is the conclusion from maritime analyst firm Seaintel in its weekly newsletter Monday.

The large container carriers, led by Maersk Line, will be obliged as of Jan. 1, 2020, to comply with the coming environmental regulations and sail on cleaner and more expensive marine fuel.

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