Shipping lines – ‘We’re happy to pay for low-sulphur emissions, just make sure we all pay’

New regulations which will restrict ships’ sulphur emissions to 0.1% in Northern Europe and North America are only a few weeks away.

These regulations will lead to a 50% increase in fuel costs which Maersk estimate will cost them between US$200m and US$250m a year.

Given this, you would expect shipping companies to be resolutely against such a change but that’s not what their spokespeople are telling us.