The Union of Greek Shipowners (UGS) has expressed support for Greece’s proposal to meet short-term greenhouse gas (GHG) emission goals by limiting the power of ship engines.

Under the terms of the proposal, bulk carriers and tankers would reduce their main engine power by half and containerships by two-thirds.

The measure should be implemented gradually, starting before 2023, the UGS said.

“Greece’s proposal is simple, transparent, easily enforceable and accommodates sectoral specificities without distorting competition,” UGS president Theodore Veniamis said in a press release on Wednesday.

The initiative builds on existing proposals backed by the International Chamber of Shipping and IMO member states.

It “prescribes the limit of the main engine power that ships over 5,000 gt can use under normal circumstances to maintain the level of CO2 emissions from ships at a historical low,” meaning in 2012, according to the UGS.

The proposal is “primarily compatible” with the way bulk and tramp shipping operates and therefore involves charterers in efforts to decarbonise the industry, according to Veniamis.

“Charterers should clearly be obliged to adhere to any measure adopted to reduce GHG emissions from ships,” he said.

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