Germany 's Hapag - Lloyd will gradually implement a marine fuel recovery ( MFR ) mechanism from 1 January 2019 to offset an anticipated $ 1bn reduction in annual emissions from the switch to low - sulphur fuel in 2020 . An MFR is the most " fair and transparent " method of passing on the cost of the marine Maritime industry 's sulphur cap to polluters , a spokesperson for the container shipping firm said . Hapag - Lloyd has confirmed the MFR formula will combine individual vessel fuel consumption rates , cargo sizes , prices and sea times with fuel oil market prices .
Germany's Hapag-Lloyd will gradually implement a marine fuel recovery (MFR) mechanism from 1 January 2019 to offset an anticipated $1bn increase in annual costs from the switch to low-sulphur fuel in 2020. An MFR is the most "fair and transparent" method of passing on the cost of the International Maritime Organisation's sulphur cap to polluters, a spokesperson for the container shipping firm said. Hapag-Lloyd has confirmed the MFR formula will combine individual vessel fuel consumption patterns, cargo sizes, sea and port times with fuel oil market prices.