Brandon Cafferky
Monday, November 29, 2021
Daily Infographic: Ship fuel price highest since 2013, ‘scrubber spread’ widens
Marine fuel price up 47% since the beginning of the year
Marine fuel price up 47% since the beginning of the year
The new IMO regulation reducing ships’ sulfur oxide emissions aims to improve the health of the environment and human population, especially near coasts and ports. This also means increased costs and a shift in strategies for maritime shippers. A panel at the Edge 2019 conference will explore these regulations and their predicted effect on logistics.