Press Article: New maritime environmental regulations will stretch limits of P&I cover
30 November 2018
The maritime sector has seen a recent increase in stricter environmental regulations. Each of them has their own set of challenges and prospects for the industry.
Perhaps the most prominent at present is the upcoming 2020 global sulphur cap, which involves a significant reduction in the sulphur content of fuel oil used on ships - from 3.50% m/m to 0.50% m/m.
Akshat Arora, Senior Surveyor, discusses the impact of this regulation for shipowners and the ways to comply with it, in an article published in Insurance Day.
The article is available on the right, reproduced with kind permission, and on the Insurance Day website.