With the production of carbon emissions at an all-time high, pressure is being mounted onto businesses and organisations around the world to make the move towards alternative and more sustainable fuels. This pressure has been extended to the shipping industry, with the International Maritime Organisation (IMO) introducing new regulations known as the MARPOL Convention.
From 1st January 2020, these regulations will see a new fuel sulphur limit being imposed on the Irish Sea shipping. Fuel which is low in sulphur is more expensive, and this cost will be passed on to all who use ferry and shipping services.
What does this mean to you?
Your transport rates will increase from the 1st January 2020 to recover the MARPOL increase in Irish Sea shipping costs.
How will it affect prices?Initial indications suggest that one way shipping could increase by £25-£40 per shipment. As yet the exact price is to be confirmed, but we will inform you when we have further information.
Further details can be found: