If the EU comes up with its own CO2 emissions standard before an IMO global measure, harmonisation may be impossible
Wed, Dec 04, 2013 - 6:00 AM
The reason why shipping regulations must be international is, you would think, self-evident. Ships trade all around the world and a patchwork of different or (even worse) contradictory regulatory regimes would restrict free international trade and be in nobody's best interests - PHOTO: REUTERS
MOST of us involved in international shipping know the one golden rule when it comes to regulating the industry: regulations must be global and come from the appropriate international body, which in most cases is the International Maritime Organization (IMO). Sometimes, as with Emissions Control...