/Tag:Marine Fuel Recovery
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Hapag-Lloyd establishes Marine Fuel Recovery (MFR) mechanism

October 12th, 2018|Categories: News|Tags: , , |

Announcement by Hapag-Lloyd: With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel oil will be lowered from 3.5% to 0.5%. This new regulation will significantly improve the ecological footprint of the shipping industry, and the majority of all vessels [...]