One of the world’s largest shippers has warned shipping it ought to prepare for a carbon levy.
Mining giant BHP is preparing for greater shipping environmental clampdowns once the global sulphur cap is out the way next year.
In a recent interview with The Australian newspaper, BHP’s maritime vice president Rashpal Bhatti said, “There may well be a carbon levy associated with bunkers from the IMO. If that is the case it will be a significant driver to bring down emissions from any fuel that’s used. And our competitors will obviously have to think about that too.”