Shipping operations along India’s eastern coast will come to a halt this week due to non-availability of low-sulphur fuel oil, which ships are mandated to use by a new global emission cutting rule that came into force from January 1.
The new rule reduces the limit for sulphur in fuel oil used on ships to 0.5 per cent m/m (mass by mass) from the earlier 3.5 per cent.
Ship fuel, or bunker, accounts for as much as 40 per cent of a vessel’s operating cost.
This story is from the January 13, 2020 edition of The Hindu Business Line.
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This story is from the January 13, 2020 edition of The Hindu Business Line.
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