ABS has set out a measured and data-driven approach to support the development of an effective global framework for maritime decarbonization.
Titled, The ABS View: A Practical Path Forward on IMO Mid-Term Measures, ABS says that it reflects broad alignment across the industry on the need for one international approach to emissions reduction, while recognizing that implementation will be shaped by real-world constraints across the global fleet.
The thinking is based on the findings of a detailed ABS assessment of the key drivers influencing the industry’s transition. Drawing on its technical expertise, ABS evaluated fuel availability, technology readiness, and the cost implications associated with the Net Zero Framework and alternative proposals. This assessment is grounded in data-driven analysis with the aim of providing a clear, practical perspective to support informed decision-making across the global shipping industry.
“There is a clear direction set by the IMO, but the pathway forward has become increasingly complex for the industry,” said ABS Chairman and CEO John McDonald, “Our role is to provide technical clarity based on factual data at a time when there are many competing perspectives. By staying grounded in what is achievable across the global fleet, we can help keep the industry focused on practical steps that support the targets already set and move the transition in the right direction.”
Read more here: ABS takes a measured look at IMO mid-term measures and path to decarbonization – Marine Log
