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The U.S. rejects the IMO Net-Zero Framework and threatens retaliatory measures. (Photo: iStock)
The United States on Friday warned of retaliatory restrictions and sanctions against countries that vote in favor of an International Maritime Organization (IMO) proposal to cut greenhouse gas (GHG) emissions from ships, which is scheduled for a vote this week.
Washington is weighing port bans, visa restrictions, commercial penalties, additional port fees, and sanctions targeting countries that support the IMO’s plan.
Weak U.S. shipbuilding sector faces new costs under IMO plan
The U.S. has opposed the IMO’s framework since it was first proposed in April. Around the same time, the White House issued an executive order to “restore America’s maritime dominance,” seeking to make U.S.-built vessels commercially competitive in global trade.
