OECD: Shipping will pay big price for sulfur regulations
OECD estimates in a new report that the price for the sulfur requirements implemented last year will send the costs of container transport soaring. And the global requirements beginning in 2020 will be even more expensive, the organization writes.
BY DANIEL LOGAN BERG-MUNCH
The container industry faces huge costs in coming years in the light of the sulfur requirements which came into force on January 1st last year and are set to be expanded globally from 2020, OECD writes in a report.
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