120 shipping companies call for mandatory speed limits for ships
Support appears to be building for new rules to reduce greenhouse gas emissions generated by the maritime sector, although major container lines oppose this approach.
ased, thus sustaining the gross consumption of fuel.”
He said the implications for customers of container shipping lines “are likely to be both hard to calculate and important”, adding: “Shippers already find it difficult to estimate the arrival times of container vessels; slowing ships further is likely to add to the confusion.
“As the UK chamber of commerce points out, the logical response would be to switch to other modes of freight transport such as air freight, or what is increasingly and option between Europe and China, rail and road. Indeed, the changing nature of supply chain management may be pushing in the direction of faster shipping services.
“Managing this problem for the container shipping sector may be difficult.”
Source: Lloyd’s