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Shipping business braces itself for new fuel rule

Stricter standards for marine fuel kick in on Jan 1, 2020; market expects prices of compliant fuel to soar just ahead of, and in initial period, of new regime

THE PACE of activity is shooting up as the global shipping industry approaches one of its biggest recent challenges. From Jan 1, 2020, all ships will have to meet one of two sulphur-in-fuel caps or comply with the regulations in some other way. The industry has lived with the 0.1 per cent cap in...

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