Major shipping nations now support IMO's billion-dollar fund for green research

A series of shipping organizations and maritime nations, such as Greece and Japan, want to see a research fund of USD 5 billion approved in November this year. The research fund will work towards the launch of zero-emission ships by 2030, a crucial step in meeting climate goals for shipping.

Photo: PR / Dietmar Hapenpusch / Port of Hamburg Marketing Association

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DFDS' freight volumes advanced by 50 percent in April

DFDS outdoes analyst predictions in the first quarter. The Danish ferry and logistics company made it through Brexit in better form than expected, according to CEO Torben Carlsen, while the integration of a logistics acquisition has been pushed back.

Ikea denounces LNG as the fuel to decarbonize shipping

While an increasing number of carriers opt to include LNG vessels in their fleets, one of the world's largest shippers, Ikea, makes it clear that the liquefied natural gas is not the way to go for shipping companies to deacrbonize.

Further reading

Related articles

Latest news

See all jobs