It is well known that areas in Asia, specifically Hong Kong and
Beijing, are reputable for their dangerous air pollution and
constant smog. In response, Hong Kong has begun to implement
restrictions for the transportation industry regarding fuel and
emissions, while even offering up to 50% savings on port fees
for those vessels switching to fuel that doesn’t contain sulfur.
However, these incentives aren’t enough to make the switch for
some large container-shipping vessels, because it is simply too
expensive to switch from the dirtier oil. When transportation
companies refuse to use clean fuel, it gives them a competitive
advantage that energy-conscious companies won’t tolerate any
longer. globalEDGE Blog - By Tag: shipping The way in which
shipping is conducted can have huge implications for consumers
and businesses around the world. As talks of sustainability and
green energy continue to dominate the energy sector, businesses
are looking for ways to make shipping less harmful to the
environment. Hence, some