International Maritime Organization

Shipping frets over fuel rules

The shipping industry appears particularly concerned with the new regulations whose introduction the International Maritime Organization is considering ahead of reaching the target of zero-carbon fuel by 2050, the 11th Annual Capital Link Greek Shipping Forum heard on Thursday in Athens.

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.

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