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By selecting Japan flag, you have now set your language to Japanese. This has several benefits, including:

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Close If you’d like to change your language preferences again, simply click on one of the other flags.

点击选择 China flag，可将网站语言设置为中文。这能帮助您：

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关闭 点击任意其他国旗，可切换您的语言偏好。

By selecting China flag, you have now set your language to Chinese. This has several benefits, including:

  • Providing quick access to our China page, which collates all our Chinese content in one place.

  • Ensures that content is presented to you in Chinese first, if we have an article, publication or webpage available in Chinese. Look out for the China flag indicators across the site.

Close If you’d like to change your language preferences again, simply click on one of the other flags.

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Decarbonisation in Shipping

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The IMO has set targets for shipping to reduce Greenhouse gases between now and 2050 in a phased approach.  This area looks at the goals in more detail.

Want to know more?

Contact our specialists below, email decarbonisation@nepia.com  or call +44 191 232 5221 to see how we can support Members in making informed decisions.

IMO Targets

By 2030: reduce Total annual GHG emissions from international shipping by at least 20% striving for 30% compared to 2008 levels.

By 2040: reduce Total annual GHG emissions from international shipping by at least 70% striving for 80% compared to 2008 levels.

To reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, compared to 2008

The impact on shipping will be felt by vessel owners, operators, charterers and national authorities. Learn more about the legislation and compliance options available to shipowners, as well as the contractual and charterparty issues.

Navigating Decarbonisation FAQ's

What is decarbonisation in shipping?

Decarbonisation is a way of  reducing carbon in shipping. The IMO has set targets for shipping to reduce Greenhouse gases by 2050 in a phased approach. Decarbonising the shipping industry may be achieved through alternative fuels, renewable energy sources, innovative technologies, as well as technical and operational strategies to reduce fuel consumption for new and existing ships. Learn more about the legislation and compliance options available to shipowners, as well as the contractual and charter party issues by contacting one of our specialists today.

What are the barriers to decarbonisation in shipping?

Shipping can be quite a difficult industry to decarbonise as vessels require fuel for international transit. Shipping transports up to 90% of the world’s trade and based on current activity contributes to nearly 3% of global emissions. Without efforts to decarbonise shipping  this could increase to 17% by 2050. To tackle this, several industry initiatives have been introduced including new global government emissions targets, as well as a range of emerging technologies and alternative fuel and energy sources to reduce CO2 emissions. North’s in-house specialist team and external experts offer advice and guidance in navigating decarbonisation through our Navigating Decarbonisation webinar series.

Can shipping navigate to net-zero?

By 2050, the global maritime shipping industry is committed to moving to net-zero. For further developments in the shipping industry, The International Chamber of Shipping (ICS) has stated that to reach net zero, 5 percent of the global shipping fleet will need to be zero-emissions by 2030. At the 2021 international COP26 conference in Glasgow, important differences emerged as to whether market or regulatory rules would  be most effective in driving  global shipping towards net zero.

Why do we need to decarbonise global shipping?

Full decarbonisation of our energy systems is the only solution to climate stabilisation, according to the World Economic Forum. At North we’re here to assist you in making the right decisions for your business and to take the appropriate steps in your decarbonisation journey. Talk to our specialists today to find out more. 

Navigating Decarbonisation Issues

Industry Initiatives

Many shipowners are beginning to focus their efforts on decarbonising their fleet as we move towards 2030 and 2050 in line with IMO policies and ambitions. Take a look at the industry initiatives in place and how they can play an important role too.

Global - Government Emission Targets Page

Global – Government Emission Targets

See the targets that the IMO (globally), and each country, port authority and Member state are setting to reduce their carbon footprint for shipping.
Contractual and Charterparty Issues Thumbnail

Contractual and Charterparty Issues

The next decade will see a complex and challenging regulatory framework emerge as shipping moves to decarbonise. Understand the issues to consider.

2023 – Act Now – EEXI and CII Block

2023 – Act Now – EEXI and CII

Verification of a ship’s attained Efficiency Existing Ship Index (EEXI), in accordance with the regulations shall take place first annual, intermediate or IAPP renewal survey after 1 January 2023.

Emerging Technologies

We will see a vast number of emerging technologies between now and 2050 to reduce CO2 emissions. We provide you with more information on each type of technology.

Alternative Fuel and Energy Sources

Achieving the IMO’s goals on greenhouse gas emissions will require a shift in how vessels are fuelled and propelled. We look at the options available.

Our Decarbonisation Journey: Members' Stories

In addition to our guidance to Members, based on research and contact with experts, it’s important to hear how our Members are progressing, their findings and potential pitfalls.

Navigating Decarbonisation Glossary

View the Glossary with useful links and resources.

Navigating Decarbonisation: Act Now - Webinar Series

Our team of in-house and specially selected external experts continue to provide the latest advice ad guidance in our Navigating Decarbonisation webinar series.

View the series

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