DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »IMO clean fuel regulations could push prices up by 70%
Dubai / Emirates Business Maritime professionals attending Seatrade Maritime Middle East 2016 (SMME), have been discussing the ramifications of the new International Maritime Organization (IMO) 0.5% sulphur cap which comes into force in 2020 and could push the price of fuel used to operate ships (bunker prices), by more than US$200 a tonne – a 70% increase. Essentially from …
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