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IMO expedites ship design requirements – but postpones bid for short-term solutions

The member states in IMO's environmental committee postpones making a decision on how to lower short-term emissions. But the committee agrees to expedite requirements for ship design.

Photo: IMO

LONDON

All solutions remain in play, but a decision has yet to be made on how the shipping industry will reduce its greenhouse gas emissions in the short term.

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Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

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