ShippingWatch

Shipping companies want global regulation of slow steaming

The IMO must implement global regulations pushing ships to sail slower, says Trafigura Global Head of Wet Freight Rasmus Bach Nielsen, among others. And emissions should be taxed. Goodbulk's CEO agrees.

Photo: Edgar Su/Reuters/Ritzau Scanpix

LONDON

If international shipping is to meet the requirement of reducing CO2 emissions by 40 percent by 2030 at the latest, sailing speeds will need to be reduced.

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