The IMO has approved a Net-Zero Framework to advance maritime decarbonization, with varying impacts on fuel costs compared to ...

The International Maritime Organization (IMO) has achieved another step towards establishing a legally binding framework to ...

A tidal wave of new regulations is set to hit the global maritime sector this year, representing fresh, highly-complex ...

Despite being subject to the EU Emissions Trading System tax – which results in a higher total carbon tax under EU regulations compared to IMO – LNG is anticipated to remain the most cost ...

Approved by the Marine Environment Protection Committee during its 83rd session (MEPC 83) from April 7–11 April 2025, the ...

On April 11, the International Maritime Organization’s 83rd Marine Environment Protection Committee approved regulations ...

The IMO Net-Zero Framework is notable for being the first to incorporate mandatory emissions limits and GHG pricing within ...

Initial estimates indicate shipping can expect to pay about $76/mt extra in IMO 2028 compliance costs for every tonne of ...

Starting in 2028, shipping companies worldwide must either transition to less carbon-intensive fuels, or pay fines via a ...

The International Maritime Organisation (IMO) is on the brink of introducing binding regulations that could transform the ...

The IMO is a United Nations agency that sets shipping ... and several smaller Gulf countries also pushed back on the regulations. However, they eventually joined most countries in backing a ...