ShippingWatch

Trafigura calls it "entirely irresponsible" if IMO does not proceed with CO2 tax

There's no way around a tax or levy on fossil fuels, and there's no way around the matter for the IMO's Marine Environment Protection Committee (MEPC), says Trafigura Head of Fuel Decarbonization Rasmus Bach Nielsen to ShippingWatch.

Photo: PR / Trafigura

A lot has happened over the past year and a half in terms of the number of green initiatives meant to decarbonize global shipping, as indicated by Trafigura's Head of Feel Decarbonization Rasmus Bach Nielsen.

The Danish national, who was made head of the major trading firm's CO2 reduction ambitions for shipping, thinks it wouldn't be wrong to compare the difference to "night and day", as the efforts to heavily reduce the shipping industry's emissions of greenhouse gases have accelerated markedly.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs