Ferry Services in Greece will Go up by up to 10 Percent

Greece's ferry companies are preparing to raise prices after a new requirement to use fuel with 7 times lower sulfur content for their ships (from 3.5% to 0.5%) entered into force on January 1st.

This is a regulation of the International Maritime Organization and is aimed at reducing air pollution.

Greek companies say this will increase their operating costs by up to 25%, Kathimerini reports. Their owners do not rule out the possibility to raise the ticket prices by between 7 and 10 percent in the coming days or weeks.