The International Maritime Organisation’s fourth Greenhouse Gas Study highlights that the shipping industry has continued its trend of decoupling emissions growth from the global growth of seaborne trade. However, the report demonstrates that improvements in technical efficiencies alone will not be enough for the sector to reach the target of halving emissions by 2050, compared to 2008 levels.
The Study shows a 40% increase in seaborne trade between 2008 and 2018 while also recognizing that CO2...