The Norwegian Shipowners Association is demanding greater incentives for shipping companies to promote decarbonisation in the industry. Speaking at a press event, members of the Association called upon the European Union and the International Maritime Organisation (IMO) to earmark funds clearly for shipping decarbonisation initiatives.
They also demanded the Norwegian Government create a ‘support fund’ to incentivize the shipping companies to meet environmental commitments. “The IMO’s targets are still not aligned with the Paris Agreement”, said Oistein Jensen, chief sustainability officer at Odfjell, one of the Norwegian Shipowners’ Association’s 135 member companies.
