Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business & Finance›IMO’s Emission Reduction Plan Makes ‘Modest’ Progress
Business & Finance

July 27, 2017 · about 9 years ago

IMO’s Emission Reduction Plan Makes ‘Modest’ Progress

The International Maritime Organisation’s (IMO) tentative step towards a plan to cut shipping’s climate emissions represents only ‘modest’ progress, Transport & Environment cited the Marshall Islands’ transport minister Mike Halferty. Earlier this month, countries meeting at the IMO’s environment co

2 minutes read
  • LinkedIn
  • X
  • Email

The International Maritime Organisation’s (IMO) tentative step towards a plan to cut shipping’s climate emissions represents only ‘modest’ progress, Transport & Environment cited the Marshall Islands’ transport minister Mike Halferty.

Earlier this month, countries meeting at the IMO’s environment committee agreed to ‘headings’ to be included in a strategy, which itself will be the first step of a broader plan to cut greenhouse gas emissions.

The details of each section are to be decided at a meeting in October, and a draft strategy agreed by 2018. However, the strategy will not be finalised until 2023.

The seven headings, or titles of each chapter of the strategy, cover the level of climate ambition and guiding principles for the shipping industry; possible measures for short, medium and long-term action; barriers to action, supportive measures and technical cooperation; and a plan for a review of the strategy.

Shipping is one of the fastest growing sources of transport emissions and is projected to account for 17% of global emissions by 2050. But, despite the IMO being first tasked with addressing ship GHG emissions by the Kyoto Protocol some 20 years ago, shipping is the only industry in the world not subject to climate measures.

“Disagreement over how to distribute efforts and the potential costs of measures remain the biggest obstacle to progress. On a positive note there was a strong delegation of Pacific Island nations. These countries, so vulnerable to climate change, are leading calls for an ambitious reduction target and urgent measures. In any case, as long as the IMO does not deliver a robust global deal to reduce shipping GHG, the inclusion of shipping in the EU ETS must remain on the table,” Bill Hemmings, T&E’s shipping director, said.

Meanwhile, a proposal to bring forward the target of improving the efficiency of new ships’ designs could be decided on next year. The IMO is being called on to advance the 2025 target date to 2022 following evidence that the current design efficiency standard, known as the EEDI, is too relaxed to drive ship efficiency.

“Making new ships more efficient saves both fuel and carbon emissions. It is a no brainer. But the current EEDI requirements are so weak that ships built in 2016 are actually becoming less efficient. If the IMO is serious about reducing shipping emissions the very first thing it should do is tighten the the EEDI requirements,” Faig Abbasov, T&E’ s shipping officer, said.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceRules & Regulation

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

11 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

11 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

11 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

11 days ago