Regulation

IMO sulfur limits have added costs of USD 27bn in three years

Predictions about added costs for the maritime industry on account of IMO’s regulations seem to add up, according to analyst firm.
Photo: PR-foto Green Instruments/69734198
Photo: PR-foto Green Instruments/69734198
by KIM WIESENER

The International Maritime Organization’s (IMO) limit to sulfur emissions instated in January 2020 has cost global shipping somewhere between USD 20-27bn, Sea-Intelligence writes in an analysis of fuel price developments within the last three years.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs