The International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from
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Question:
The International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from 1 January 2020. Use relevant examples and industry information to complete the following tasks.
a) Explain the impact of the new regulation on the shipping market from the economic perspective.
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