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1 – 2 of 2Dimitra Topali and Harilaos N. Psaraftis
The International Maritime Organization has decided that as of 1.1.2020, SOx content in a ship’s emissions should be no more than 0.5 per cent. The purpose of this paper is to…
Abstract
Purpose
The International Maritime Organization has decided that as of 1.1.2020, SOx content in a ship’s emissions should be no more than 0.5 per cent. The purpose of this paper is to address the various challenges expected to arise from the enforcement of the global cap sulfur regulation.
Design/methodology/approach
The authors outline various enforcement options and present a model that calculates the profits from noncompliance in the high seas, so as to help determine the level of fines that could be imposed in case of violation.
Findings
The main finding is that a harmonized system of fines, which are more than potential savings from cheating, would be a strong deterrent for compliance.
Originality/value
To the authors’ knowledge, no paper in the maritime literature on sulfur regulations has focused on enforcement as of yet.
Details