Heads of international and regional shipping bodies say that international agreement, cooperation and investment are required if shipping wants to meet its green goals.
By all accounts, negotiations that led to the IMO’s CO2 reduction deal were heated, showing yet again that it is hard to reach consensus in a fractious global industry such as shipping.
Last Thursday, just two weeks after the landmark deal was reached, IMO secretary general Kitack Lim told delegates at the Asia Europe Meeting (ASEM) Conference on Green Shipping in Singapore that he was grateful for the support of the shipping industry despite the huge investment that would be required.
