Chinese Bill Could Increase Shipping Costs in Hong Kong
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A proposed law to control ship emissions in Hong Kong could result in price hikes for international shippers. The law would be the first jurisdiction in Asia to control sulfur content, according to the Hellenic Shipping News.
The bill would require all ocean vessels to switch to fuel with a maximum 0.5 percent sulfur content while docked in Hong Kong, with a violation of HK$200,000 ($25,759 in U.S. dollars) and six months in prison.
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Brendan Menapace
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Brendan Menapace is the content director for Promo+Promo Marketing.
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