Last week’s decision at the IMO to adjourn the formal adoption of the Net-Zero Framework (NZF) raises the risk of increased regulatory fragmentation and the possibility that FuelEU will expand in scope. What investment decisions should owners make in the face of such huge regulatory uncertainty?
Zero-Emissions
Reaching For Zero-Emissions
Shipping is on a path to a zero-carbon future and IFCHOR GALBRAITHS is building and implementing commercial decarbonisation strategies for our clients to guide their journey. From regulatory advisory services to carbon emissions trading, we are helping the maritime sector reduce its environmental footprint, fast.
Our commercially viable programmes are delivered through our global broking teams and in partnership with ClearBlue Markets.
Learn more about our partners
By supporting clients at the forefront of the maritime industry’s decarbonisation revolution, we instigate the positive change needed to stay ahead of increasingly stringent regulations and stakeholder expectations whilst allowing clients to remain competitive.
More about IG Sustainability
IG SUSTAINABILITY
Working towards a zero-carbon maritime industry
2024 EUA Surrender: Did shipping pass its first compliance test?
Shipping now pays directly for its emissions and carbon has a price. IG’s Head of Sustainability Trifon Tsentides looks at how the industry can best manage the financial implications of compliance.
The IMO’s net-zero framework and the road ahead for global shipping
The IMO has adopted a draft amendment to Annex VI of the MARPOL Convention approving a Net-Zero shipping policy framework by or around 2050. Set to take effect in 2028, the “J9 Bridge” style scheme as it is known, sets out a two-tiered carbon pricing mechanism & fuel standard, which if adopted late this year, will make shipping the first industry of any to have a global carbon price agreed with internationally mandated emissions reduction targets.