IMO ponders new GHG policies, while shipping sector awaits low-carbon economic incentive

Global shipping regulators will soon have to decide whether and how to penalise the use of fossil fuel and whether and how to incentivise the use of greener fuel. Drewry provides a short analysis and comparison of policy discussions, including their possible shortfalls. In July 2023, the International Maritime Organisation (IMO) set new decarbonisation targets … Continue reading IMO ponders new GHG policies, while shipping sector awaits low-carbon economic incentive