Shipping is so global, that only a truly global regulator such as the International Maritime Organization can provide the level playing field needed for this diverse industry and all the nations it serves, says INTERCARGO.

"Simply regulating shipping alone will bring distortions and dangers to global trade," advised INTERCARGO chair Dimitris Fafalios. "Ship owners and operators, fuel producers, charterers, cargo owners, shippers and receivers, ports and terminal managers, all share responsibilities in the daily maritime venture that is dry bulk shipping," he explained.

"Dry bulk shipping, which is already one of the most environmentally friendly bulk transport modes, strongly wants to decarbonise. However, I stress that we cannot do this alone," he commented.

Source, INTERCARGO