Liner shipping, via its lobby group the World Shipping Council (WSC), has unveiled what it terms as a Green Balance Mechanism (GBM) in order to help the industry transition to green fuels. The proposal, submitted to the International Maritime Organization (IMO) ahead of next month’s gathering of the Marine Environment Protection Committee (MEPC), addresses the industry’s challenge to bridge the price gap between the cleanest fuels and fossil fuels. Through the Green Balance Mechanism, fees