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2023 in review: A transformative year for shipping and maritime

January 2, 2024

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The push for decarbonization and energy transition seen this year paints a promising picture of the industry’s ability to navigate complex global dynamics and emerge stronger on the path toward a more environmentally conscious and efficient future.

Here’s a glimpse into some of the key developments that have shaped the maritime landscape over the past year.

  1. Landmark Regulatory Achievement of IMO: The most important development in this context is certainly the adoption of IMO’s Net-Zero Target and Revised GHG Strategy. In July 2023, the International Maritime Organization (IMO) adopted a revised greenhouse gas (GHG) strategy aiming for net-zero emissions around 2050.

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