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Euronav says the IMO 2030 target is crucial for climate effort

Belgian tanker carrier Euronav welcomes the US announcement on new climate ambitions for shipping, but the company would like to see an increased focus on the IMO's 2030 target, says CEO Hugo de Stoop to ShippingWatch.

Photo: PR / Euronav

Euronav now joins the group of shipping companies that welcome the US ambition to make shipping climate-neutral by 2050 – but the Belgian tanker carrier would like to maintain a focus on the 2030 targets at the same time.

"The IMO commitment to deliver 40 percent reduction in carbon intensity by 2030 should be the core focus of the industry as achieving 2050 objectives are reliant on that initial goal," says Hugo de Stoop, CEO of Euronav, in a comment to ShippingWatch after US climate envoy John Kerry's declaration that the country will work with the IMO to bring shipping emissions to zero by 2050.

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