The International Maritime Organization (IMO) has made significant strides toward establishing a global net-zero framework for the shipping industry. During the 82nd session of the Marine Environment Protection Committee (MEPC) in London, the IMO unveiled a draft legal text that integrates proposals from member states and various organizations. This text will serve as the foundation for further negotiations on greenhouse gas (GHG) reduction measures, with an expected adoption of these measures in 2025.
A Global Standard for Low-GHG Marine Fuels
One of the key elements discussed during the session was a goal-based marine fuel standard. This proposed standard aims to phase in the mandatory use of marine fuels with lower GHG intensity, driving the industry’s transition to a net-zero future by 2050. Additionally, the IMO is considering a global GHG emissions pricing mechanism, which would require ships to contribute based on the amount of CO₂ they emit per tonne. This economic measure is expected to incentivize the adoption of cleaner technologies and fuels within the industry, providing a clear pathway toward decarbonization.
The International Chamber of Shipping (ICS) has expressed its support for the progress, acknowledging the positive steps taken. However, it emphasized that further efforts are needed from governments to finalize the framework, which is set to be a key agenda item at the MEPC’s next meeting in April 2025. “We are pleased that the concept of a universal GHG contribution by ships remains firmly on the table at IMO,” the ICS stated, highlighting broad support from IMO member states.
VURDHAAN’s Role in Supporting the Maritime Sector’s Transition
VURDHAAN is actively involved in helping maritime stakeholders navigate complex regulatory changes like those being developed under the IMO’s net-zero framework. With expertise in MARPOL, the Clean Shipping Index, and other GHG reduction initiatives, VURDHAAN provides tailored guidance and support to ensure that shipping companies remain compliant while advancing their sustainability goals. Through our comprehensive approach, we help companies align with new global standards, ensuring a smoother transition to low-carbon operations.
Preparing for the Next Phase of Maritime Decarbonization
The draft legal text produced at the recent MEPC session has laid the groundwork for crucial mid-term measures aimed at reducing the industry’s carbon footprint. The discussions also included potential plans for an IMO GHG intensity registry and the creation of a fund or facility to support the implementation of technical and economic GHG reduction measures. Such initiatives are poised to facilitate greater transparency and financial support, helping to drive the maritime sector’s adoption of greener practices.
IMO Secretary-General Arsenio Dominguez praised the constructive dialogue during the session, emphasizing the progress made in aligning member states’ perspectives. “I welcome your continued demonstrated commitment. It has allowed us to identify further areas of convergence on defining the legal framework for the IMO Net Zero Framework,” he remarked.
Looking Forward: What’s Next for the Maritime Industry?
As the IMO continues to refine the net-zero framework, the upcoming MEPC meeting in April 2025 will be critical in finalizing the proposed amendments to the MARPOL Convention. If successful, these amendments could be approved ahead of their formal adoption in October 2025, setting a clear regulatory path toward a net-zero future for global shipping. This timeline aligns with the industry’s broader goal of achieving net-zero emissions by 2050, providing a significant boost to global efforts to combat climate change.
For the shipping industry, the next steps involve preparing for these upcoming changes and adopting measures that will ensure compliance with the forthcoming regulations. With the continued collaboration of member states and organizations, the IMO’s net-zero framework offers a promising path to a greener and more sustainable future for maritime transport.