Shipping lines set up green scheme

The global maritime industry has submitted a proposal to form the world’s first collaborative shipping research and development programme to help eliminate CO2 emissions from international shipping with core funding from shipping companies of about $5 billion over ten years. It aims to accelerate the development of commercially viable zero-carbon emission ships by the early 2030s. The shipping industry is proposing  an International Maritime Research and Development Board, a non-governmental ... [+]

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