BIMCO calls for global market-based measures for emissions
The group says IMO talks should start now to set the rules for market-based measures to cut emissions. It said such measures should be global, so shipping is not double-charged for its carbon
BIMCO joins calls to balance the cost of low- or zero-carbon fuels through market-based measures, saying first movers on decarbonisation would face significant disadvantages while fossil fuels are still much cheaper