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Freight Transport Association says Fuel targets will cost shipping sector

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Companies who are shipping goods across the Irish Sea could face over £20m in extra charges annual in attempting to meet new targets on sulphur oxide, according to the Freight Transport Association.

The rules imposed by the International Maritime Organisation require the sulphur content of marine fuel to be no more than 0.5%. The shipping industry fears that surcharges will be levied on companies shipping goods across the Irish Sea.