John Gallagher
Friday, June 28, 2024
Supreme Court ruling could boost freight carriers’ legal powers
Regulatory policy has been upended by a Supreme Court decision released Friday, according to experts.
Regulatory policy has been upended by a Supreme Court decision released Friday, according to experts.
Sulfur pollution addressed by IMO 2020 created a health risk, but that pollution had a cooling effect, which has now been reduced.
Backers of a shipping regulation that begins Jan. 1 believe it will reduce carbon emissions. Critics warn it could backfire and increase them.
Accusations fly as shipping lines rake in billions, but the numbers imply more carrier competition, not less.
What happens next at the IMO will affect oceangoing ship capacity — and freight rates — for decades to come.