Mediterranean Shipping Co (MSC) chief executive Soren Toft made a staunch defence of the container shipping industry today at a key London summit to tackle decarbonisation.

Toft used a keynote address at the London International Shipping Week conference to highlight efforts by lines to raise capacity to deal with the problems facing container shipping.

He urged the meeting at the headquarters of the International Maritime Organization to spend big on research and development to meet its carbon zero goals in the coming years.