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  • Shipping

Shipowners float plans for $5bn fund to catalyse low carbon shipping

Shipowners could be forced to pay a contribution into a green technology fund under industry plans to decarbonise shipping | Credit: French Shipowners’ Association
Shipowners could be forced to pay a contribution into a green technology fund under industry plans to decarbonise shipping | Credit: French Shipowners’ Association
  • Catherine Early
  • 18 December 2019
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Industry body insists it has 'definitely got the memo' on the need for urgent climate action

Efforts to launch electric, hydrogen, and biofuel-powered ships on the high seas could be in line for a $5bn boost thanks to proposals from the International Chamber of Shipping (ICS) launched today...

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