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The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%.
This new regulation aims to reduce the environmental impact of the industry and significantly improve air quality, an initiative in which the CMA CGM Group has been involved for more than 15 years.
CMA CGM will be fully compliant as of January 1st, 2020 and has decided:
The new International Maritime Organization (IMO) Low Sulphur Regulation will be effective from 1 January 2020 and will require all shipping companies to reduce their Sulphur emissions by 85%.
This new regulation aims to reduce the environmental impact of the industry and significantly improve air quality, an initiative in which the CMA CGM Group has been involved for more than 15 years.
CMA CGM will be fully compliant as of January 1st, 2020 and has decided:
All these measures represent a major additional cost. This cost will be taken into account through the application of fuel surcharges on a trade-by-trade basis.
To know more about LSS IMO 2020 update
*The trade coefficient represents the fuel consumption per carried TEU BAF will be updated on a quarterly basis.Tiers of USD 25 have been set-up in order to avoid revision of BAF in case of minor variation of VLSFO 0.5% price.
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