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BIMCO warns IMO sulphur cap will lead to bankruptcies

Smaller shipping companies will be unable to foot the bill for higher fuel costs as a result of the International Maritime Organization’s strangulating red tape on sulphur emissions

BIMCO, the largest shipping association, says shipowner numbers are increasing, while broker representation is declining given the difficult shipping markets


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IMO warned on safety concerns linked to sulphur limit
BIMCO Pedersen says questions remain over the IMO’s sulphur cap
Lobby groups put pressure on the IMO ahead of key emissions meeting
Shipping organisations decry overbearing regulation





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