Remove 2012 Remove Freight Remove Procurement Remove Virgin Islands
article thumbnail

IMO 2020 is Here. Are You Ready?

Supply Chain Game Changer

Under this regime, the primary responsible party in the freight market will be the vessel owner or operator. Later in the year 2012, it was further reduced to 3.5% will also need to update freight tariffs accordingly. Virgin Islands, the shipowners and operators incurred a penalty. m/m of Sulphur cap.