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ANNUAL REVIEW
Reduction of Greenhouse Gas (GHG)
emissions from ships
The energy efficiency of the dry Global challenges require global handling and global solu-
tions. The IMO is expected to deliver a level playing field
bulk shipping sector is amongst both geographically and across industry sectors. Time and
the best in the industry but it must time again regional regulations have proven ineffective, as
they create distortions and multi-tier markets, and indeed,
improve further. INTERCARGO even trade tensions. e.g. refer to our latest Media Release
strongly supports the initial “Shipping’s inclusion in EU ETS ignores industry’s calls for
collaboration” (Sep.21).
strategy of the International
The challenge to decarbonise shipping is enormous and the
Maritime Organization (IMO) for adoption of IMO’s initial strategy and GHG Roadmap focus-
the reduction of Greenhouse Gas es on the practical implementation of short, medium, and
long-term measures.
(GHG) emissions from ships.
Throughout the process these measures will need to re-
spect the characteristics of each shipping sector. In the
short term INTERCARGO believes that the measures to be
adopted should be effective and equitable for both old and
new vessels. It is crucial that charterers are engaged, as
they are responsible for how ships are utilised. In the longer
term, adequate, safe, innovative technological solutions will
be needed, which are currently non-existent. GHG emis-
sions largely depend on the design and the technology of
the constructed ships, their engines and machinery, and the
fuels used for propulsion. Therefore shipbuilders, engine
manufacturers, and fuel suppliers must be fully engaged in
the successful implementation of IMO’s vision for 2050.
Shipowners have responded responsibly to the challenge
by putting forward the USD 5bn R&D fund proposal as a
much needed longer-term complementary contribution to
set in motion the chain of innovation, investment, produc-
tion, and adoption by the marketplace of innovative technol-
ogies and energy carriers.
The 6th Session of the IMO Intersessional Working Group
on the Reduction of GHG Emissions (ISWG-GHG 6) took
place on 11-15 November 2019. An informal preliminary dis-
cussion session on short-term measures for reduction of
GHG emissions from ships took place on 6-10 July 2020
prior to IMO’ deliberations later in 2020.
For more information on this topic please visit:
intercargo.org/news/topics/emissions