Business Daily

Can global shipping go green?

10 snips
Nov 17, 2025
Diane Gilpin, Founder and CEO of Smart Green Shipping, discusses the potential of wind-assisted propulsion in reducing shipping emissions. Vincent Clark, CEO of Maersk, shares insights on industry strategies and the impact of regulations on decarbonization. Tim Wilkins from InterTanker highlights the challenges tanker owners face with new regulations. The trio delves into the recent setback at IMO meetings, the role of technology and consumer willingness in clean shipping, and practical steps the industry can take to achieve net-zero goals.
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INSIGHT

IMO Agreement Collapse Delays Global Rules

  • The IMO had a decade-long deal ready to mandate fuel standards from 2028 but negotiations collapsed at the recent meeting.
  • That delay leaves the industry without the global regulatory 'stick' many expected to drive investment and change.
ANECDOTE

High Politics Swayed The Vote

  • Saudi Arabia moved to adjourn implementation for a year and the motion passed by eight votes.
  • President Trump publicly denounced the plans as a 'green scam' and threatened tariffs on signatories, intensifying political pressure.
INSIGHT

Shipping's Massive Scale And Emissions

  • Shipping moves 80% of global trade and generates about 2-3% of global greenhouse gas emissions.
  • The sector's scale makes its decarbonisation economically and technically challenging but strategically crucial.
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