Hing Chao: IMO Carbon pricing adds momentum to China’s green fuel readiness
- Hong Kong shipping chamber chair Hing Chao sees IMO carbon pricing deal driving discussions on green fuel production across China
- IMO’s landmark framework signals irreversible decarbonisation momentum, although demand for greener fuels remains led by EU rules for now
- Chao aims to boost China’s role in the green shipping transition and strengthen GMF’s presence in Asia through his new board position
Wah Kwong executive chairman Hing Chao sees the IMO’s new carbon pricing agreement as a ‘strong signal’ that decarbonisation is now an irreversible global shipping trend that could enable China’s strategic role in scaling clean fuel supply chains, despite geopolitical tensions
