Introduction
With the International Maritime Organization (IMO) advancing the first legally binding net-zero framework, the shipping industry faces unprecedented pressure to reduce emissions. By around 2050, large ocean-going vessels must comply with mandatory fuel standards and a global emissions pricing mechanism, addressing the 85% of CO₂ emissions from international shipping and driving an urgent transition toward a low-carbon industry.
Value
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EnvironmentalReduces GHG and air pollutant emissions, supporting global climate goals. -
EconomicLowers operating costs and ensures compliance with international regulations. -
ReputationalEnhances corporate image and builds stakeholder trust. -
Innovation & IndustryDrives advancements in vessel design, fuel technology, and smart operations.
Illustration
IPv6 network supported