The International Chamber of Shipping (ICS) has submitted a detailed proposal to the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF). In acknowledgment of the importance of moving forward with feasible solutions to fulfil net zero objectives, shipowners globally have agreed to mandatory payments on ships’ greenhouse gas (GHG) emissions that will raise … Continue reading ICS proposes Zero Emission Shipping Fund to reach IMO 2050 target