Shipping companies unite to fight for fossil fuel fee

A plan will be presented to the IMO in a few months’ time to apply fees to fossil fuels which will be used to subsidize green fuels, bridging the price gap.

"As this is the UN system, it may end up in a compromise and it may not end up with our model, but if elements like rewards and a lifecycle approach are still included, it will be very good," says Simon Bergulf, group representative in Europe for Maersk's global public and regulatory affairs department. | Photo: Gregers Tycho

by DAG HOLMSTAD

15 major shipping companies are currently working hard to produce a number of examples of how the price difference between cheap, black fuels and expensive, green alternatives can be bridged.

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