Decarbonisation remains a central topic in the maritime industry, with 2025 shaping up to be a pivotal year. As regulations tighten and international discussions progress, the industry is at a crossroads regarding its path to net-zero emissions.
Key Developments to Watch in 2025
- European Union Regulations
- The FuelEU Maritime Initiative and the EU Emissions Trading System (ETS) will take effect, impacting how shipping companies manage their carbon emissions and compliance costs.
- International Carbon Levy at IMO
- The International Maritime Organization (IMO) will discuss a global carbon levy at its Marine Environment Protection Committee (MEPC) meetings this year.
- If agreed, this could reshape global shipping emissions policies, but if delayed, the IMO’s role as a global regulator may face increased scrutiny.
What’s at Stake?
- Global Regulatory Alignment: A unified approach from the IMO could bring clarity and stability, while failure to act may lead to regional regulations dominating.
- Industry Adaptation: Shipping companies will need to invest in low-carbon fuels, energy efficiency, and new technologies to remain competitive.
As the industry awaits these decisions, Lloyd’s List experts Declan Bush and Richard Meade will continue to provide insights into what could be a transformative year for global shipping.
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Source: Lloyd’s List
