GLOBAL DECARBONISATION
our industry’ s unwavering commitment to environmental responsibility.”
Vincent Clerc, Chief Executive Officer of Maersk, says:“ A. P. Moller- Maersk wants to accelerate the green transition in shipping and logistics and a crucial next step is to introduce regulatory conditions which ensure that we create the most greenhouse gas emission reductions per invested dollar. This includes an efficient pricing mechanism to close the gap between fossil and green fuels and ensuring that the green choice is easier to make for our customers and consumers globally.”
Soren Toft, Chief Executive Officer of MSC, says:“ Shipping is at the forefront of technological innovation when it comes to decarbonisation and at MSC our fleet renewal strategy includes 100 dual fuel vessels. We are proud to be part of this unprecedented collaboration with our peers and it is only right that together we follow this path towards net zero that we must achieve by 2050.”
At the Marine Environment Protection Committee’ s( MEPC) 83rd session in April 2025, the IMO approved a net zero framework that combines a fuel standard with a global greenhouse gas pricing mechanism for ships. The IMO hopes this will be adopted at a meeting from 14 to 17 October 2025 and enter into force from 2027.
What is the IMO’ s net zero framework? The framework includes two key elements: a global fuel standard and global greenhouse gas emissions pricing mechanism. The fuel standard will require ships to gradually reduce how polluting its ship fuel can be and the pricing mechanism will contain set prices on the greenhouse gases ships emit to encourage the industry to lower emissions. The IMO is looking to apply a carbon price of US $ 100 per tonne of CO₂ equivalent.
104 October 2025