by kleinbl00

“Implications go beyond shipping and refining. Changes will be felt in the entire commodity landscape, including petrochemicals, road fuels, and airlines,” said Aftab Saleem, KPMG’s director of its risk analytics advisory, which helps a large swath of the global shipping industry comply with the standard. “Costs are going to go up. This has huge, huge implications across the supply chain, all the way back to producers.”