Decarbonisation levy on bunker fuel under discussion at IMO

Five shipping associations are pitching a carbon levy of sorts this week in London as International Maritime Organization (IMO) member states meet to discuss short term measures to cut greenhouse gas emissions from shipping.

The shipping organisations, which include Bimco and the International Chamber of Shipping (ICS), are pushing for a bunker fuel levy to go to a decarbonisation research and development fund.

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