Thu, Sep 05, 2019 - Page 6 News List

New fuel to clean up sea freight, but costs high

AFP, PARIS

The new fuel regulations “will have a knock-on impact on all consumers who are buying gasoline or diesel,” he added.

“The general public will be impacted by the IMO regulation in two major ways — the cost of flights and the retail prices of road diesel,” said Alan Gelder, a vice president at the energy research and consultancy group Wood Mackenzie.

Any increases in airfares are likely to be more gradual as airlines usually lock in prices for several months in advance.

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