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Transportation October 7, 2019
IMO 2020 emissions cap to have unknown impact on container lines, international shippers, Drewry says.
By Ben Ames
Ocean cargo carriers will probably be able to recoup the costs of a new cap on sulphur emissions beginning in 2020, but the change still presents enough risk that a new report has downgraded its forecast for the growth rate of world container port volumes for the current year and the rest of the five-year horizon.
Global port throughput is now forecast to rise by 2.6% in 2019, down from the previous 3.0% expectation, according to…