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Nordic shipowners hope for CO2 levy as soon as possible – Bimco is skeptical

The Danish and Norwegian shipowners’ associations hope the IMO is ready to act after last week’s positive signals regarding a CO2 levy. A long process lies ahead, according to Bimco’s deputy secretary general – possibly as long as ten years.

Photo: PR-foto Green Instruments/69734198

Both the Danish and Norwegian shipowners’ associations are optimistic following last week’s meeting of the International Maritime Organization (IMO) regarding a tax or levy on fossil fuels.

Preliminary meetings leading up to the mid-June session in the IMO’s climate committee, the Marine Environment Protection Committee (MEPC), meant that several prominent players signaled their support, as there seemed to be a unique momentum for a levy on fossil fuels.

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