IMO negotiations recap – pros and cons
It’s a delicate balancing act
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By Alex Lennane
This is everything you ever needed to know about the soon-to-be here sulphur limits in the EU – important reading for shippers as well as their suppliers. Costs will be going up at the same time as the industry can expect more mechanical failures. While newbuilds will be better off, unfairly, there could be a significant economic advantage in breaking the rules and paying the fines, say some commentators.
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