Shipowners will need to profit from going green if the IMO’s long-term decarbonisation target is to be reached, according to Alexander Saverys.
To fight global warming, the United Nations body has aimed to reduce greenhouse gas emissions from international shipping by 50% from 2008 levels before the middle of this century.
Whether such an ambitious goal can be reached depends on the commercial viability of low-carbon shipping, Saverys said.
