Denmark Joins Shipping Nations To Sponsor IMO’s $5 Billion Decarbonization Programme

Capt. John

Denmark has joined a growing list of major shipping nations backing a ‘moon-shot’ programme aimed at driving the complete decarbonization of maritime transport, reports ICS.

The proposal

Submitted to the UN’s International Maritime Organization (IMO) on the 10th March 2021, the proposed creation of a $5 billion USD International Maritime Research and Development Board (IMRB) was co-sponsored by major shipping nations Georgia, Greece, Japan, Liberia, Malta, Nigeria, Palau, Singapore, and...

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