Analysis on the Cost Control of Container Liner Shipping Companies under the Global Sulphur Limit Directive

Abstract

With the increasing attention of the international community to the ecological environment, shipping companies should take environmental protection into account while pursuing economic interests. The introduction of “Global Sulphur Limit Directive” shows that the shipping industry attaches great importance to environmental protection. However this directive also brings many challenges to shipping companies. This paper is about the cost control of container liner shipping companies under the “Global Sulphur Limit Directive”. It analyzes the inevitability of sulphur emission control in container liner shipping companies under the “Global sulphur limit Directive”, lists the existing approaches of sulphur emission control of container liner shipping companies and analyzes the impact of this directive on container liner shipping companies. Finally, based on the main challenge—the rise of operating cost, some suggestions are given in this paper.