"It may allow people to do nothing for the next few years"

Euronav CEO Hugo de Stoop is disappointed with the result of the MEPC meeting, which he says can "allow people to do nothing". Asking German and Danish shipowners if the meeting went well, you get two completely different answers.

Photo: PR / Euronav

Did the IMO's virtual meeting of the Marine Environment Protection Committee this week – at which member states were set to complete a plan for how shipping can make its ships 40 percent more efficient by 2030 – produce a good outcome?

This was in many ways not the case, if you ask one of the big names in the international shipping industry, Euronav CEO Hugo de Stoop. The chief executive of the major Belgian crude oil tanker operator stands out as one of the green advocates in shipping, and he was hoping for more, he tells ShippingWatch.

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