The sector also has to up its game if it is to deliver on the IMO 2050 targets of an at least 50% reduction in greenhouse gas emissions by 2050 and at least 40 per cent reduction of the average carbon intensity, or CO2 per tonne-mile, by 2030 versus 2008 levels.
The study urges for greater attention to be put on retrofitting existing ships with green solutions instead of relying on the net-zero ships of the future, especially having in mind the life-span of ships.
