MSC CEO Soren Toft calls for global approach to R&D and carbon pricing
Jun, 07, 2021 Posted by Sylvia SchandertWeek 202125
MSC Mediterranean Shipping Company has joined other carriers in reiterating support for a global R&D decarbonisation fund and also in backing a potential worldwide market-based measure that would include carbon pricing.
On top of MSC’s own substantial efforts to boost fleet energy efficiency and trial a range of new fuels and technologies, specific global initiatives are required to help the shipping industry decarbonise, according to MSC CEO Soren Toft:
“Some form of global market-based-measure, incorporating carbon pricing, could help the industry to decarbonise by reducing the price gap between fossil fuels and zero-carbon fuels as they become available. At the same time, despite our huge investments into our fleet and operations, scalable long-term solutions simply do not currently exist for us to deploy on our ships. There is a gap in R&D to bring these alternative fuels and technologies to the market and the industry wide research fund will help us achieve the UN IMO’s policy targets.”
-
Meat
Aug, 23, 2021
0
ABPA & APEX-Brasil launch brand to promote Brazilian duck abroad
-
Other Cargo
Sep, 25, 2023
0
Brazil paves way to becoming world’s top cotton exporter as production gap with US nears
-
Ports and Terminals
Aug, 10, 2022
0
Strong winds force Port of Santos to paralyze navigation
-
Other Cargo
Aug, 18, 2023
0
Brazilian wine exports show steady growth in first half of 2023