Ørsted helped launch the Sea Cargo Charter – now the company has pulled out

Just a year after announcing the Sea Cargo Charter, co-founder Ørsted has decided to back out of the initiative. "Not the right forum for us," the company explains but denies that too low climate ambitions are to blame. Chair of the charter has expressed openness to raising the level of ambition.

Photo: Jens Dresling/Ritzau Scanpix

A little more than a year after the Sea Cargo Charter first saw the light of day, several founding companies have pulled out of the initiative.

This also applies to Danish utility Ørsted, which along the way has indicated that the basis for the charter hasn't been ambitious enough relative to the company's own climate targets.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

Maersk rejects shippers' complaint in USD 180m dispute

U Shippers has no case in a contractual dispute reported to the US Federal Maritime Commission, Maersk writes in a response to the FMC. Moreover, the case should not even be a matter for the commission, the company says.

Further reading

Related articles

Latest news

See all jobs