News / Shipping groups call on governments to back R&D plan to drive decarbonisation

© Khunaspix Dreamstime.

Shipping groups have urged national governments to support a $5bn research and development plan to accelerate the decarbonisation of shipping.

The governments of Georgia, Greece, Japan, Liberia, Malta, Nigeria, Singapore and Switzerland today submitted a so-called “moon-shot” plan to the IMO’s Maritime Environmental Protection Committee (MEPC) to establish the IMO Maritime Research Fund, with a $5bn budget, paid for by “mandatory contributions from the world’s shipping companies”.

And shipping groups BIMCO, CLIA, IMCA, INTERCARGO, INTERFERRY, the International Chamber of Shipping, INTERTANKO, IPTA ...