LOW SULPHUR REGULATIONS 1ST JANUARY 2020

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Réglementation low sulphur 1er janvier 2020

The International Maritime Organisation (IMO) is to put into force as from 1st January 2020, as part of an environmentally-friendly approach, new regulations which will aim at reducing sulphur emissions by 85%.

The measure will be accompanied by supplementary costs through the application of a bunker adjustment factor (BAF) which will vary according to the market.

CMA CGM estimates the average surcharge at around 160 USD per TEU. Maersk has been talking of an extra two billion USD per year on their invoicing. So it is to be foreseen that the regulations will have an impact on costs with all the shipping companies.

Balguerie’s teams remain at your disposal.

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