Shipper Maersk Wants Hong Kong to Require Clean Fuel
Businesses usually vehemently oppose rules that raise their costs. But Maersk Line, the world’s biggest container-shipping company, says it’s willing to continue using low-sulfur fuel on container ships sailing from Hong Kong’s port to help curb the city’s big pollution problem. There’s only one catch: Maersk wants the government to force its rivals to be green, too. “Some carriers turn up here, they don’t switch to low-sulfur fuel, and they get a cost advantage,” says Tim Smith, Maersk’s North Asia chief executive officer. “We don’t think that’s right. What we want is the government to regulate.”
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