Shipping Emission Rules to Gradually Tighten, Weakening Profits

Yazılma zamanı 04/05/2021
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Global shipping emission regulations are set to tighten, albeit slowly, requiring investment in new vessels powered by alternative fuels and increasing operating costs, Fitch Ratings says. This will put additional pressure on the profits and cash flows of companies in the competitive and volatile industry. In April 2018, the International Maritime Organization (IMO), a UN ...

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