ShippingWatch

Shipping top execs: We don't have answers for the CO2 targets right now

Maersk Group CEO, Søren Skou, acknowledges to ShippingWatch that Maersk's plan of action to meet the new CO2 targets by 2050 is far from complete. BW Group's chairman Andreas Sohmen-Pao (photo) describes the targets as "an opportunity and a risk" that everyone needs to take into account.

Photo: Danish Maritime Days

SINGAPORE

Two of the premier CEOs in shipping, Maersk's Søren Skou and Andreas Sohmen-Pau of BW Group, tell ShippingWatch that the companies are working intensely to find solutions for the new climate plan in shipping. But for now, none of them have a clear solution in terms of what it will take for them, and the sector overall, to deliver on the IMO's targets to reduce CO2 emissions 50 percent by 2050.

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