Even as companies around the world continue to struggle with the impacts of the pandemic and the war in Ukraine on global supply chains, there is another challenge looming: new environmental regulations that promise to change how shipping companies operate many transoceanic and regional routes.
Climate Regulations Are About to Disrupt Global Shipping
Is your company ready for the impact on its supply chains?
October 21, 2022
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Summary.
Ships that transport goods across oceans are collectively a major generator of greenhouse gases. Rules from the International Maritime Organization and the European Union aimed at curbing these emission promise to make transoceanic and regional shipping more expensive and reduce service, which will have a significant impact on global supply chains. Managers should begin to prepare now for this new era.