Shipping industry seeks consensus on rules for decarbonisation

Ocean shipping, among the world’s biggest polluters, is asking a regulator to overhaul its emissions directives so that all carriers work by the same rules as they make costly changes to cut harmful carbon output.

The WSC, whose members include AP Moller-Maersk, Cosco Shipping and MSC Mediterranean Shipping, is asking for “global, enforceable multilateral regulation to avoid the race to the bottom”, said Jan Hoffmann, head of trade logistics at the UN Conference on Trade and Development. “They don’t really mind that level of regulation as long as it’s the same for everybody.”

The IMO’s marine environmental protection committee will meet in June to discuss the advancement of its greenhouse-gas emission strategy. Achieving the green transition is “both technically and politically very difficult”, said WSC president John Butler. “It’s a bit of a fool’s errand, frankly, to say ‘this is going to happen by this date’ or ‘that date’. What we need to do is keep moving forward.”

“We found ourselves in this chicken-and-egg dilemma where we tried to convince people to produce green methanol,” said Sterling. Providers refused to make a firm commitment as Maersk still had no green ships running on green methanol. “It was like we were going around in circles.”

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