IMO’s Carbon Taxation Proposals Put Shipowners On Edge

Capt. John
  • Owners doubt on carbon costs’ recovery.
  • Maersk CEO’s tax proposal fails to cut much ice.
  • Concerns over green fuels’ supply.

According to an article published in S&P Global Platts, Shipping industry fears that any imposition of a carbon tax on ships that use traditional bunker fuels, to encourage greener fuels is likely to make freight exorbitantly expensive, reduce already paltry earnings and discourage investments on new builds, market participants said June 8.

Carbon Reduction Discussions

The...

https://mfame.guru/imos-carbon-taxation-proposals-put-shipowners-on-edge/

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