ECA Compliance Methods
The year 2015 has seen quite a few changes and challenges to the shipping industry including the reduction in oil prices, and currency fluctuations in South American countries such as the drop of the Brazilian Real and Mexican Peso. Arctic warming has opened up new routes while other areas suffer from global warming and its effects (rising sea levels, changed erosion and sedimentation patterns). Additionally, the Emission Control Areas (ECA) imposed a 0.1 % sulphur emission level and Low Sulphur Surcharge (LSS) at the beginning of this year. The effect of these changes and challenges are wide in range.