Shipping’s carbon emissions ‘have peaked’

Efforts to slash international shipping’s annual total emissions by at least 50% by 2050 compared with 2008 are still at nascent stages. As the IMO prepares to launch a new greenhouse study and develop short-term measure to tackle greenhouse gas emissions, BIMCO claims previous carbon emission forecasts used fundamentally flawed assumptions; the industry’s emissions output is actually a declining trajectory but radical changes in fuels will be necessary to meet long-term targets, according to the organisation