Independent journal on economy and transport policy
08:21 GMT+2
New ship safety laws will cost shipowners dearly
(Cargo Info Africa - Freight & Trading Weekly)
May 28, 2001
Rates likely to go up, writes Alan Peat
SWEEPING CHANGES in ship safety requirements are due to come into effect from next year - and will add new cost pressures for ship-owners and operators, according to Rob Young, marine director of Unicorn Lines. And this, inevitably, will be an upward pressure on freight rates over the next decade - as the new IMO (International ...... Read more on Cargo Info Africa - Freight & Trading Weekly
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