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Shipowners call on EU to support new CO2 fund

It is crucial that EU member states support the proposal for a new billion-dollar fund in late March when it will be debated at the IMO, says President & CEO of the World Shipping Council. "The European Union has a very loud voice at the IMO."

Photo: Jonathan Alcorn/Reuters/Ritzau Scanpix

BRUSSELS

EU member states should support the proposal for a new R&D fund aimed at raising billions of dollars that can be used to discover CO2-neutral fuels for the future, says President & CEO John Butler of the World Shipping Council, which represents a majority of the world's container shipping companies.

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