News / COP27: Collective bargaining may be a route to greener shipping

© Elnur

BCOs and forwarders can now negotiate collectively to buy zero emission scalable fuels, following the launch of a scheme at Cop, within the ‘Roadmap to 2040’ for Zero Emission Vessels (coZEV).

The plans include a maritime ’buyers’ collective bargaining initiative’ to give shippers sufficient critical mass to push ship decarbonisation.

Announced at COP27 last week, the Zero Emission Maritime Buyers’ Alliance (Zemba) “will enable cargo owners to come together for greater impact and support accelerated deployment of scalable zero emission solutions in ...