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International Sustainability Environment

Shipowners at risk if they ignore carbon pricing, says Trafigura

There has been a mindset shift on the issue of carbon pricing for shipping, argues Trafigura’s Global Head of Fuel Decarbonization Rasmus Bach Nielsen. Owners passively waiting for decarbonisation to happen will likely end up footing the bill, he warns

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As the Poseidon Principles banks start aligning fleet efficiency benchmarks with Paris Agreement targets rather than IMO, the pace of decarbonisation belt-tightening for owners is picking up pace. Signatories to the Global Maritime Forum’s Getting to Zero Coalition ague that owners not prepared to engage with the process of regulatory reform will be the ones left out in the cold

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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