Maersk Expects Ship Regulator to Approve Global CO2 Levy in 2025.

A.P. Moller-Maersk, a major shipping company, expects the global regulator for the industry to approve a charge on vessels' greenhouse gas emissions in 2025. The International Maritime Organization (IMO) is currently discussing plans to reduce emissions from the shipping sector, which emits about a billion tons of carbon dioxide annually. The potential new rules may also include a phased reduction in the energy used by ships. If implemented, these regulations could significantly reduce carbon emissions and potentially require the industry to pay billions of dollars for continued emissions. The IMO aims to finalize the rules next year, with implementation set for 2027. [Extracted from the article]