The State of Shipping & Oceans Report

In a world that is getting hotter, the Net-Zero Framework will bring certainty to the shipping sector, and give shape to an energy transition that leaves no country behind.

The IMO’s Net-Zero Framework is back on track. A majority of International Maritime Organization member states continue to support the framework – which aims to reduce greenhouse gas (GHG) emissions from ships in line with its 2023 greenhouse gas reduction strategy – despite significant pressure from the US, Saudi Arabia, UAE, Panama and Liberia.

As this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (IMO, MEPC 84, April 27-May 1) closes today, the Clean Shipping Coalition welcomed support from the majority of member states for the IMO’s Net-Zero Framework (NZF) despite pressure from US, Saudi Arabia, UAE, Panama, Liberia, and other petro-states, but called out the threat of further delays to adoption, which is now scheduled for early December.