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Shipping’s Evolving Regulatory Landscape

Shipping’s Evolving Regulatory Landscape

Hellenic Shipping News

Achieving the International Maritime Organization’s (IMO) goal of net zero emissions by 2050

Achieving the International Maritime Organization’s (IMO) goal of net zero emissions by 2050 requires a regulatory framework that has specific targets and is both technology-neutral and scientifically grounded—so say ten major international shipping groups that have invested heavily in the green transition in a joint statement.

In their statement, GasLog, GNV, Capital Group, PIL, MSC, CMA CGM, Carvival, Ponant, Brittany Ferries and the Angelicoussis Group warn that fuel assessments that lack fairness and a scientific grounding could slow progress and stifle the innovation and investment required for the green transition in shipping.

Joint Statement to ensure a Technology-Neutral and Scientifically Sound Approach to Maritime Decarbonization

As the IMO moves forward with adopting mid-term measures to implement the 2023 GHG Strategy, it is essential that the maritime sector—and the broader energy and fuel value chain— are equipped with the proper tools and policy signals necessary to deliver on these ambitions.

The frameworks being designed today will determine the credibility, pace, and cost-efficiency of the transition towards a more resilient maritime future. These mechanisms must offer regulatory clarity, investment certainty, and a strong, unified signal to the entire value chain—including fuel producers, shipowners, ports, and beyond.

A technology-neutral and scientifically grounded approach is essential.

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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