Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Sea Freight

IMO adopts revised strategy to reduce emissions

12 Jul 2023 - by Staff reporter
 Source: Marine Digital
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The UN’s International Maritime Organisation (IMO) has agreed to adopt a goal of net-zero greenhouse gas (GHG) emissions for global shipping.             

The revised IMO GHG Strategy includes an enhanced common ambition to reach net-zero GHG emissions from international shipping close to 2050, a commitment to ensure an uptake of alternative zero and near-zero GHG fuels by 2030, as well as indicative check-points for 2030 and 2040.                                                                                                        

IMO secretary-general Kutak Lim said adopting the 2023 IMO Greenhouse Gas Strategy is “a monumental development” for IMO that opens a new chapter towards maritime decarbonisation.

“At the same time, it is not the end goal, it is in many ways a starting point for the work that needs to intensify even more over the years and decades ahead of us.

“However, with the revised strategy that you have now agreed on, we have a clear direction, a common vision and ambitious targets to guide us to deliver what the world expects,” Lim said.

"Above all, it is particularly meaningful to have unanimous support from all member states. In this regard, I believe that we have to pay more attention to support developing countries, especially small island development states and least developed countries, so that no one is left behind," he said.

IMO is the United Nations specialised agency responsible for developing global standards for shipping and supporting countries to implement those rules.

According to the strategy the mid-term GHG reduction measures should effectively promote the energy transition of shipping and provide the world fleet with a needed incentive while contributing to a level playing field and a just and equitable transition.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Famers need beyond-banking assistance – futures specialist

Imports and Exports

Agricultural assistance also extends to analysing the South African Futures Exchange.

Today 10:00
0 Comments

SA a top target for cyber attacks

Technology

Increasing dependence on technology to deliver services means security risks are rising.

Today 09:45
0 Comments

Carbon capture solution cuts emissions by up to 70%

Sea Freight

The high technology system captures emissions from all exhaust gas sources.

Today 09:45
0 Comments

Nigeria moves to end cabotage waivers

Sea Freight

The government has launched a maritime joint venture to boost the local shipping industry.

Today 09:30
0 Comments

Africa must raise energy tariffs to attract investment

Africa

Tariff policies in many countries have kept electricity prices artificially low.

Today 09:15
0 Comments

SACU ‘should be renegotiated’ to benefit the region

Imports and Exports

Namibia says the restrictions on imports are justified to support industries to become self-sufficient.

Today 09:00
0 Comments

Business driving growth amid political divide

Economy

The provincial governments need business to become involved in upgrading the logistics infrastructure of roads, rail, ports and airports.

Today 07:15
0 Comments

Majority union at Transnet downs tools

Logistics

The company, responsible for rail and port cargo, remains in a precarious financial state.

Yesterday
0 Comments

Thought leaders talk Trump and tariffs at Nampo Harvest Day

Economy

Landman remarked that it all came down to Ramaphosa’s visit to Washington next week.

Yesterday
0 Comments

SA avocado growers ship first fruit of season to China

Imports and Exports

The country’s total avocado exports were just over 81 000 tonnes in 2024 with just a fraction heading to this new market.

Yesterday
0 Comments

China Airlines announces Boeing 777X orders

Air Freight

As the world's largest twin-engine jet, the B777X-9 uses 20% less fuel and has a range of 7 295 nautical miles (13 510 km).

Yesterday
0 Comments

US retailers welcome pause on China tariffs

Imports and Exports

The move paves the way for a fair and balanced trade relationship, says the National Retail Federation.

Yesterday
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

New

Seafreight Export Controller

Tiger Recruitment
Cape Town
15 May
New

Import Manager (NVOCC)

Switch Recruit
Eastrand
15 May
New

Sales Co-Ordinator

Lee Botti & Associates
Cape Town
14 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us