ShippingWatch

MEPC proceeded as expected – and herein lies the problem for shipping

Not least Norwegian and Danish shipping companies are left empty-handed after the 76th session of the IMO's environmental committee MEPC – proclaimed as the meeting that could not afford to fail – but has now ended.

Photo: PR / IMO

If the meeting at the IMO's environment committee had been a football tournament with three initial matches, the more ambitious shipping carriers would have lost two of the matches, while the last one ended in a draw at best.

The reason being that the research fund with a total capital of USD 5 billion did not come to fruition.

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