To provide an updated global emissions inventory for 2016–2023 using advanced methodologies to support the IMO’s strategy of achieving net-zero GHG emissions in international shipping by 2050, with interim targets for 2030 and 2040, and to evaluate emission trends including the growing impact of methane from LNG-fueled ships and black carbon to inform future decarbonization policies and strategies.
Publication Type: Report
What is the IMO’s Mid-term measures and how it works
To clearly explain the structure and mechanisms of the IMO’s mid-term measures and to help shipping companies understand the regulatory framework—particularly the GHG Fuel Intensity (GFI) regulations and the operation of the IMO Net-Zero Fund—and to outline support services available for a smooth transition toward decarbonization, including ClassNK’s verification and digital monitoring tools.
An overview of the discussions from IMO’s 83rd Marine Environment Protection Committee
To provide an overview and critical analysis of the outcomes of MEPC 83, with a focus on the newly agreed mid-term measures, and to assess the implications of the agreement in terms of expected GHG emission reductions, energy transition, the deployment of zero- and near-zero (ZNZ) GHG fuels, and the ability of the policy to contribute to a just and equitable transition (JET)
Assessing the impact of the IMO’s draft Net-Zero Framework
To evaluate the effectiveness of the IMO’s draft Net-Zero Framework in achieving the targets set out in the IMO 2023 GHG Strategy, and to analyze whether the economic and technical instruments proposed can deliver GHG emission reductions in line with a 1.5°C trajectory.
To assess whether the projected revenues from the framework are sufficient to support the uptake of zero- and near-zero (ZNZ) emission fuels and enable a just and equitable transition.
DUAL-FUEL SOLUTIONS FOR NEWBUILD VESSELS
To provide technical and operational guidance on dual-fuel (DF) propulsion systems for newbuild vessels, this report focuses on LNG, methanol, and ammonia as alternative marine fuels amid tightening regulations such as IMO emission targets and EU maritime policies. It analyzes key design, safety, operational, regulatory, and economic factors associated with these fuels, evaluating their potential to reduce greenhouse gas emissions while addressing challenges in fuel infrastructure, handling safety, and compliance. The goal is to help shipowners and stakeholders choose DF solutions that are sustainable, safe, and economically viable in the transition to a low-carbon maritime industry.
Compilation of Economic Reports Assessing the Impacts of Mid-Term Measures on Caribbean States
To compile and assess economic studies that explore the costs, investment needs, and policy measures required for the decarbonization of the maritime sector in the Caribbean region, with a particular focus on small island developing states (SIDS), in order to support a just and effective transition aligned with global climate goals.
SAFE INTRODUCTION OF ALTERNATIVE FUELS (Focus on ammonia and hydrogen as ship fuels)
To support the safe and effective introduction of ammonia and hydrogen as alternative marine fuels by outlining approval processes, safety challenges, and regulatory gaps, and by guiding shipowners, designers, and operators in navigating the current immature regulatory landscape. The report emphasizes the importance of early stakeholder collaboration, risk-based approval, seafarer training, and the development of robust safety systems to enable the maritime industry’s transition toward decarbonization by 2050.
Safe Onboard Carbon Capture and Storage
To provide a high-level analysis of current and emerging regulatory frameworks related to onboard carbon capture and storage (OCCS), offering insights into the key factors influencing their safe adoption in the maritime sector.
To highlight critical safety, economic, and technological considerations for implementing OCCS, emphasizing their potential implications and requirements for maritime industry stakeholders, including policymakers, technology providers, shipping companies, and port authorities.
Regulatory trends and impact: Second Edition
To provide the explanation of the latest adopted and anticipated IMO regulations, offering insights into their impact on the maritime sector.
To highlight key regulatory changes at regional and national levels, emphasizing their potential implications for industry stakeholders.
Supply-side and demand-side stranded asset risks in shipping
To provides an overview of the supply-side and demand-side risks of stranded assets in the shipping industry as it transitions towards decarbonization.
To quantify the scale of these risks, particularly for fossil fuel-dependent vessels, and to provide insights for industry stakeholders on mitigating financial and operational impacts.