Stockwell International Urgent News Alert 2nd December 2019

Stockwell International Urgent News Alert 2nd December 2019

With International Maritime Organization (IMO) introducing regulations to limit Sulphur content in fuel oil used by the ocean carriers from 3.5% to 0.5% (effective 1st January 2020), shipping lines have begun to implement/increase their low sulphur surcharge (LSS), which is also commonly known as IMO2020 Surcharge.