Shipping - Climate-neutral conversion: shipping company bosses call for global rules
At the UN Climate Change Conference in Dubai, the heads of all major container shipping companies called for concrete measures to regulate the climate-friendly conversion of shipping fleets. Among other things, there must be an end date for new ships powered exclusively by fossil fuels. In addition, the International Maritime Organization (IMO) must create the legal conditions for an accelerated transition to environmentally friendly fuels, according to a joint statement issued by Hapag-Lloyd in Hamburg on Friday. Global shipping is responsible for up to three percent of CO2 emissions.
Following lengthy debates, the IMO imposed climate neutrality on the industry by 2050 in the summer. Previously, the specialized agency of the United Nations had only set this target for the end of the century. The IMO sets globally binding rules for shipping. It remains to be seen what specific set of rules the IMO will use to achieve this goal. A level playing field is an important factor for globally operating shipping companies in order to prevent distortions of competition.
The declaration is supported by Rolf Habben Jansen (Hapag-Lloyd), Vincent Clerc (Maersk), Rodolphe Saadé (CMA CGM) and Søren Toft (MSC), among others. China's Cosco is the only one of the five largest container shipping companies not taking part.
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- Hapag-Lloyd, based in Hamburg, joined other major container shipping companies in calling for regulations at the UN Climate Change Conference in Dubai, emphasizing the need for an end date for new fossil fuel-powered ships and legal frameworks for the transition to eco-friendly fuels.
- The International Maritime Organization (IMO), a United Nations specialized agency, set a climate-neutral goal for the shipping industry by 2050, an earlier deadline than initially proposed, and is now responsible for creating the necessary rules to achieve this aim.
- Dubai, a city known for its ambitious remodeling projects, was chosen as the location for the UN Climate Change Conference, where delegates discussed the impact of global shipping on climate change and its responsibility for up to 3% of CO2 emissions.
- In response to the IMO's call for environmentally friendly fuels and emissions reduction, the shipping industry has undergone a shift, with some companies like Hapag-Lloyd investing in shipbuilding to build new vessels powered by alternative fuels.
- To ensure a level playing field and prevent competition distortions, international shipping companies like Hapag-Lloyd, Maersk, CMA CGM, and MSC, have pledged their support for global climate regulations, recognizing the importance of sustainability in the industry.
Source: www.stern.de
