Liners urge IMO to address price gap for green fuel transition

The proposal, submitted to the International Maritime Organization (IMO) ahead of next month’s gathering of the Marine Environment Protection Committee (MEPC), addresses the industry’s challenge to bridge the price gap between the cleanest fuels and fossil fuels.

Shipping industry proposes ZESF fund for netzero transition

The International Chamber of Shipping (ICS) has submitted a comprehensive proposal to the UN International Maritime Organization (IMO), advocating for the creation of a Zero Emission Shipping Fund (ZESF). The proposal aims to accelerate the transition of the global commercial shipping fleet to net-zero emissions by 2050. The plan, backed by shipowners worldwide, proposes mandatory