Top shipping players want overhaul of UN ship fuel emissions deal

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LONDON/ATHENS: A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption in October that seeks to cut marine fuel emissions, adding complications to the draft accord after U.S. opposition.

Global shipping accounts for nearly 3% of the world’s carbon emissions, and the proposed deal is crucial to speed up decarbonisation through a bigger regulatory framework.

The group – including some of the world’s biggest oil tanker companies such as Cyprus-based Frontline and…



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Top shipping players want overhaul of UN ship fuel emissions deal


LONDON/ATHENS: A group of top shipping companies including leading Greek players said on Thursday they want changes to a United Nations deal tabled for adoption in October that seeks to cut marine fuel emissions, adding complications to the draft accord after U.S. opposition.

Global shipping accounts for nearly 3% of the world’s carbon emissions, and the proposed deal is crucial to speed up decarbonisation through a bigger regulatory framework.

The group – including some of the world’s biggest oil tanker companies such as Cyprus-based Frontline and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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