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The International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content...

The International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from 1 January 2020. Use relevant examples and industry information to complete the following two tasks. a) Explain the impact of the new regulation on the shipping market from the economic perspective.

b) Discuss the strategies shipping operators can take to comply with the new regulation.   

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