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Home News CMA CGM may incur about US$1.5b

CMA CGM may incur about US$1.5b

CMA CGM may potentially incur US$1.5 billion to comply with a green shipping regulation that will cap sulphur content in marine fuels.

This is based on an extrapolation of CMA CGM’s share of some US$15 billion in estimated exposure, one industry publication said. The container shipping segment may sustain from the implementation of the International Maritime Organization’s (IMO’s) 2020 global sulphur cap, APL’s chief executive, Nicolas Sartini, said at SIBCON 2018 (Singapore International Bunkering Conference and Exhibition).

Read more on Business Transport.

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