IMO to decide whether to introduce rules in 2020, or 2025; EU, China already pushing for stricter regulation.
The global shipping industry is bracing for a key regulatory decision that could mark a milestone in reducing maritime pollution, but which could nearly double fuel costs in a sector already reeling from its worst downturn in decades. The shipping industry is by far the world’s biggest emitter of sulphur, with the SOx content in heavy fuel oil up to 3,500 times higher than the latest European diesel standards for vehicles…
[Read more…] Source: MarineLink