The Cruise Lines International Association has announced its commitment to reduce the rate of carbon emissions across the industry fleet by 40 percent by 2030.
While analysts expect disruptions in the coal export and import markets, solutions to the International Maritime Organization’s 2020 sulfur cap remain unclear, a Wood Mackenzie analyst said in a report.
The International Maritime Organization (IMO) is expecting “by far” the majority of the world’s fleet to comply with its tighter sulfur emission standards in 2020
