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Hong Kong shipowners criticize EU unilateral efforts on CO2

It is far too soon to go at it alone in terms of reducing emissions from shipping, says Hong Kong's shipowners. EU's recently adopted MRV proposal could disrupt efforts to secure global regulations, says the organization.

Photo: KIN CHEUNG

The Hong Kong Shipowners' Association (HKSOA) is not pleased with the outcome on Wednesday at the EU's Environmental Council where the MRV proposal - aimed at reducing emissions from shipping and making the industry more energy efficient - was approved, says the organization in a statement, reports the Hongkong ShippingGazette.

According to the organization, the Hong Kong shipowners oppose the EU's unilateral efforts in an area that needs to be regulated globally, namely through the UN's International Maritime Organization (IMO). The desire to regulate shipping globally is often mentioned as an argument from various organizations when new regulations are introduced in other institutions than the EU.

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