News / MSC joins the 'big guns' in backing MBMs to help shipping decarbonise

MSC has embraced market-based measures (MBMs) to help the industry meet its climate change targets, CEO Soren Toft said today.

Speaking ’virtually’ at the HQ of the International Maritime Organization (IMO) as the keynote speaker for the London International Shipping Week conference, Mr Toft said “meeting global demand can no longer be decoupled from decarbonisation”.

He said that while new technologies were needed “at a pace never previously seen”, it was MBMs that would lay the groundwork for the transition to zero-carbon ...