The financial punishments for flouting IMO 2020 sulphur cap regulations in Singapore are not sufficient, a top shipowner told the TradeWinds Shipowners Forum on Tuesday.

IMO 2020: Singapore adds to cost of being caught with non-compliant fuel
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“I don’t think a fine of $10,000 is not enough,” Pontus Berg, executive vice president, technical & operations at BW LPG told the audience at Marina Bay Sands.