New Regulations for ‘Green Shipping’
The global shipping industry is under growing pressure to ensure its compliance with looming new environmental regulations, Kitack Lim, secretary-general of the International Maritime Organisation (IMO), has warned. Lim’s comments were made at the opening of the Hamburg SMM maritime trade fair, one of the world’s most important events of its kind for the shipping industry. As of January 1, 2020, the IMO will mandate members to use fuels with a sulphur content of at most 0.5%,