"What we can do as an industry is to fix the market which is not transparent, not compliant, and is not safe," TFG's Kenneth Dam tells delegates in Hong Kong.
The government is understood to be preparing to set up the new rule, and has already distributed some funds to barge owners to subsidise the investment.
The shipping and bunkering industries are engaged in soul-searching over what can be salvaged from global decarbonisation efforts after last month's decision to delay.
