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INTERCARGO Responds to IMO’s Decision on GHG Reduction Measures

At last week’s landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States assumed responsibility and agreed on a medium-term greenhouse gas reduction measure that differs from the levy-based approach INTERCARGO and industry partners have advocated for many years. INTERCARGO Secretary General, Kostas Gkonis commented, “INTERCARGO is concerned about the complexity of the measure …