Suppliers: Shipping climate targets favor newbuildings

The effect of the shipping climate targets coming into force next year will be very weak because the targets apply only to newbuildings and not existing ships, says deputy director of Danish Maritime, Michael Prehn. The IMO targets are far too unambitious, Prehn believes.

The climate and energy targets of the coming years aimed at international shipping favor newbuildings rather than upgrading and retrofitting of existing ships way too much, believes Danish Maritime, which represents shipyards and suppliers of the maritime industry in Denmark.

 “The targets being set, which involve a gradual reduction of energy consumption over a number of years, are all targets which can be met by the existing ships if they were set as retrofit targets,” says deputy director of Danish Maritime, Michael Prehn, to ShippingWatch. Consequently, he believes the IMO targets are far too unambitious.

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