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

by DANIEL LOGAN

Large maritime nations, such as Greece and Japan, and shipping organizations across the industry now support the IMO's research fund, which will raise USD 5 billion and work towards the launch of zero-emission ships by 2030.

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