Shipping is the most carbon-efficient mode of transportation, producing fewer gas emissions than transportation by air or road. However, there is a need in the marine shipping industry to reduce the environmental impact, which will especially benefit populations living close to ports and coasts.
As we all know by now, the International Maritime Organization (IMO) is enforcing global regulations to reduce sulfur oxides in marine fuels. The goal is to improve sustainability and make maritime transportation more eco-friendly.
The current amount of sulfur oxides allowed is 3.5%, but by January 1st, 2020, the limit will drop to 0.5%. Within the logistics industry, there is much debate about strategies to comply with these new regulations.
To read my predictions on how the industry will respond, see my full blog at http://agustinlopez.net/the-imo-fuel-sulfur-regulation-2020-is-quickly-approaching/.