Simon Bergulf, director for regulatory affairs at A.P. Moller-Maersk A/S, told Bloomberg that the issues stemming from the new regulations have almost created a perfect storm, taking into account the expected tight availability of compliant fuels and required investments in infrastructure and research.
As informed, the company spent USD 3.37 billion on fuel last year, meaning the new regulations are likely to almost double these expanses.
Maersk plans to comply with the new rules by using low sulphur fuel. The company said earlier that it was not investing in scrubbers taking into account various operational concerns.
