ShippingWatch

Maersk and BW Group recommend CO2 tax on shipping

BW Group Chairman Andreas Sohmen-Pao recommends a fuel tax in order to bring down shipping's CO2 emissions. However, Maersk COO Søren Toft says that timing is crucial.

Photo: Danish Maritime Days

SINGAPORE

A number of the world's biggest shipping companies now recommend the introduction of a CO2 tax as part of the shipping industry's goal to reduce greenhouse gas emissions.

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