Call for $2/mt Levy on Marine Fuel To Tackle Decarbonisation

Capt. John
  • International shipowner associations call governments to back their proposal to place a $2/mt levy on marine fuel used to help fund industry efforts for decarbonisation.
  • Presuming global bunker consumption volume remained at least 250 million mt/year, the levy would generate approximately USD 5 billion over a 10-year period.
  • The proposal, originally put forward last year, will be discussed by IMO this week at the 75th session of the Marine Environment Protection Committee (MEPC75).
  • The fund...

https://mfame.guru/call-for-2-mt-levy-on-marine-fuel-to-tackle-decarbonisation/

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