- The shipping industry has saved a cumulative USD 13 billion since the implementation of the International Maritime Organization’s (IMO) 2020 regulations, mandating the use of low-sulfur fuels.
- The savings are attributed to an increase in the installation of exhaust gas cleaning systems, known as scrubbers.
- These systems enable vessels to use cheaper, higher-sulfur fuel oils while remaining compliant with the IMO 2020 sulfur content regulations.
- The financial motivation behind these regulatory...
https://mfame.guru/scrubber-installations-result-in-usd-13-billion-savings-for-shipping-industry/