气候变化

Shipowners and traders clash over cost of climate regulations

Dispute over who pays for cleaning up shipping emissions deepens struggle to decarbonise global trade

The shipping industry is clashing with traders over who should pay the financial cost of new environmental regulations, as the highly polluting sector faces increasing pressure to clean up.

Shipping groups have been pushing the companies that lease vessels, such as oil and commodities traders, to cover losses suffered if ships are downgraded under new regulations that rate their carbon intensity.

Large commodities groups, on the other hand, have resisted such attempts to impose legal obligations on traders.

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