Global shipping emission regulations are set to tighten, albeit slowly, requiring investment in new vessels powered by alternative fuels and increasing operating costs, Fitch Ratings says. This will put additional pressure on the profits and cash flows of companies in the competitive and volatile industry. In April 2018, the International Maritime Organization (IMO), a UN …
The post Shipping Emission Rules to Gradually Tighten, Weakening Profits first appeared on Hellenic Shipping News Worldwide.