An alliance of large multinational groups working to promote green shipping has just more than doubled its membership, according to a press release.
Dupont, Electrolux and Philips are among ten companies that have joined Cargo Owners for Zero Emission Vessels (coZEV), whose members aim to use seaborne transport exclusively powered by carbon-free fuels by 2040.
More from ShippingWatch
In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.